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In The News Today

Dear CIGAs,

For anyone that thinks the mortgage reset problem is over, a review of the following from Credit Suisse is mandatory. First the average guys get killed then the leveraged big boys go down hard.

 

Jim Sinclair’s Commentary

The growth business of 2009 – 2012 is prison-run Organized

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Month End Charts From Trader Dan Norcini

Click here for this month’s action in Gold in various currencies, Silver, the Broad Dollar Index and SPDR (GLD) Gold holdings with commentary from Trader Dan Norcini

The Day America Changed Forever

Dear CIGAs,

1. The change is not abrupt. It has been cooking for years.

2. Yesterday the change was set in cement as completed.

3. GM is only the first.

4. From now on rather than public corporate management looking to stockholders, their vision will be towards Washington from

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Jim’s Mailbox

Jim,

This is very disturbing. You may have seen this already but it is a tutorial that explains how the toxic assets are taken off of the bank’s books and given to the American citizen via the FDIC guarantee. The real kicker is the banks can do all this by purchasing the toxic

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Market Commentary From Monty Guild

THINGS ARE A LOT MORE COMPLICATED THAN THEY SEEM

One of the purposes of these pages is to give information in an understandable way to those who are not burdened with a PhD in economics or financial engineering.  Those benighted souls will have to deal with their disabilities on their own.  We try

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Hourly Action In Gold From Trader Dan

Dear CIGAs,

Mining equity bulls are finally showing some mettle in today’s session and seem to be attempting to dig in their heels after yesterday’s poor performance in the HUI and the XAU. Both indices are currently trading near session highs although the broader equity indices are also higher today in contrast to yesterday’s

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In The News Today

Dear CIGAs,

Last weekend the President’s meeting with the bankers at the White House was a repeat of the JP Morgan meeting with the then bankers, but this time the meeting ran into a problem. Even if the banks could cooperate, who is going to borrow?

The meeting with Jesse Livermore ran into the

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Hourly Action In Gold From Trader Dan

Dear CIGAs,

News Flash –  the Obama administration has ordered mandatory restroom use times for all Americans based on age. Those between the ages of 15 – 55 will be permitted to go three times a day at 9:00 AM, 4:15PM and 8:00PM. Those below and above that age bracket can utilize bathroom facilities

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