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Dear CIGAs,
1. Before 2009 is out the next major economic shock will become obvious. There is not one major funded retirement program intact thanks to the manufacturers and distributors of OTC derivatives. The unfunded ones are a total loss. Retirement in the future is totally out of the question. Many now retired will
Continue reading Jim’s Outlook On 2009
Dear CIGAs,
IT IS NEVER WISE TO INSULT YOUR BIGGEST CUSTOMER, ESPECIALLY WHEN YOU PLAN A BIG SALE OF PRODUCT THAT YOU WANT THEM TO BUY. Even if you have political debts to large donors who do not care about what is best for the average American, they care only about what is best
Continue reading Market Commentary From Monty Guild
Jim Sinclair’s Commentary
#28 and counting!
First Centennial Bank of California Shut by Regulator (Update1) By Margaret Chadbourn and Ari Levy
Jan. 23 (Bloomberg) — First Centennial Bank of Redlands, California, was seized by a state regulator, the third U.S. bank to fail this year, as the recession deepens and the
Continue reading Jim’s Weekend Meeting With Chief Advisors
My Dear Friends,
Everyone is looking for where and when the top in gold will come. Will it be Jim’s $1650 or Alf Field’s $10,000 plus before it comes back down?
To put it nicely, you are all wrong. Gold is going up and STAYING up.
There is no top to look for because
Continue reading My Prediction
Dear CIGAs,
“The battle for Helms-Deep is over; the battle for Middle Earth has begun”!
So says Gandolph the Wizard in the second of Lord of the Rings trilogy, “The Two Towers”.
Gold has beaten back the Orcs and Uruk-Hai to regain the critical $880 level and must now deal with the Ringwraiths (the
Continue reading Hourly Action In Gold From Trader Dan
January 23, 2009, at 3:03 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
Maybe nationalized? Who are you kidding, they are!
The Economist Of The Year award is going to Lenin.
Citigroup, Bank of America May Look ‘Nationalized’ (Update1) By Ari Levy
Jan. 23 (Bloomberg) — The U.S. government’s decision to pledge billions of additional dollars with strings attached to Citigroup Inc. and Bank
Continue reading In The News Today
January 23, 2009, at 2:56 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Dear CIGAs,
Thought you’d like this quote:
"The word "credit" derives from credo, i.e. faith."
CIGA Marty
Jim,
The new policy is in place. The focus is Pakistan…just as you said. Best, CIGA Pedro
"A suspected US drone missile attack has killed nine people in north-western Pakistan, local witnesses say."
Pakistan drone
Continue reading Jim’s Mailbox
Dear Friends,
Please examine the following set of charts of gold as priced in various major currencies. As you can see, it is either making new all time highs or just right off of those levels when viewed in several of these currency valuations.
Keep this in mind whenever you read some of the
Continue reading Trader Dan Comments On Gold’s Action In Other Major Currencies
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