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Dear CIGAs,
The British Pound continues its horrid decline falling to a 23 year low against the US Dollar as events in Britain are rapidly spiraling out of control. The monetary authorities’ plan to rescue the banks there has been met with skepticism by investors while a genuine, and I might add, well-founded, fear
Continue reading Hourly Action In Gold From Trader Dan
January 22, 2009, at 3:03 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
Now this is one way to get rid of a VP.
Obama Sends Biden on ‘Special Mission’ to Antarctica Andy Borowitz Posted January 22, 2009 | 08:57 AM (EST)
In the first major initiative of his presidency, President Barack Obama today dispatched Vice President Joe Biden on what he called "an
Continue reading In The News Today
Dear Extended Family,
A few important observations:
1. The Euro Zone financial and general business system has been bailed out at the rate of 6% of their 2007 GDP (2007 last reported).
2. The US financial and general business system has been bailed out at a rate of 5% of 2007 GDP (2007 last
Continue reading A Few Important Observations On The US Dollar
Dear CIGAs,
All play and no work would make Jimmy a dull boy. Note the fellow in the pickup is smarter with his mask on. Directly in front of us is a solid wall of rock – a very good reason for stopping. The little pack on my side gives you 40 minutes to
Continue reading Vacations Jim Sinclair Style
Dear CIGAs,
Further to Jim’s comments yesterday regarding the true history of President Abraham Lincoln’s economic and other policies, today’s Globe and Mail contains a very good short history of those policies and their economic fallout.
While Obama will find in Lincoln much to emulate, he’ll also find much to shun.
CIGA RM
Honest
Continue reading The True History Of Lincoln’s Economic and Other Policies
Dear Extended Family,
My thanks go to CIGA Christopher for sending us the just released 2009 Report on Financial Reform by the Group Of Thirty, chaired by Volcker, for review:
Click here to view the report…
This well designed report deals with the world on the day after. It does not provide
Continue reading Group Of Thirty Report On Financial Reform
January 21, 2009, at 7:03 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
From the Golden Children to the Dung Heap Inhabitants. Madoff is spelled BRE-X to the hedge funds
FOCUS: Hedge Funds Not Behind Sell-Off In Banks Say Experts Wall Street Journal – USA … to arrest concerns about the health of UK financial institutions. This general malaise and investor jitters, rather
Continue reading In The News Today
Dear Friends,
There is no chance whatsoever that we will sidestep on a global basis the sins of our financial fathers. No administration will make it correct or even better. The best case scenario is a double dip depression, but a depression is in gear and there is no clutch action to shift those
Continue reading Media Disinformation On The Credit Crisis
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