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Gold: The Crowd’s Confusion

Dear CIGAs,

1. The action of the dollar versus gold has caused many of you some degree of confusion. The many violent FOREX turns is a product of the most successful hedge funds growing in size where only one market can accommodate their bloated bodies – the FOREX market. There can be no other

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A Special Thanks From Jim

My Dear Friends,

I want to thank you all.

The calls and faxes I have received today tells me that the 50 years I have been in the financial business have been a success. Every effort I and my friends have made is appreciated. What more could a man hope for.

I commit to

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In The News Today

Dear CIGAs,

Here is a full library of Martin Armstrong for those interested. His last is dated April 9th 2009

www.scribd.com/kzuur58

Jim Sinclair’s Commentary

The Taliban start the move inland. Pakistan is history.

So few have thought this situation out.

Taliban, Punjabi militants take insurgency to Pakistan’s heartland: Report New York,

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Jim’s Mailbox

Jim,

It is no longer ‘toxic’, but ‘legacy’ assets

CIGA Shelly W

Assessing Treasury’s Strategy After Six Months of TARP by Survivor University Published April 14, 2009

April 13: Neil Barofsky, the special investigator general for the TARP, is looking whether banks cooked their books by overvaluing assets to qualify for TARP funding. Barofsky:

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Jim’s Mailbox

Jim,

I thought the G20 fixed everything.

CIGA BJS

Wells Fargo May Need $50 Billion in Capital, KBW Says By Ari Levy

April 13 (Bloomberg) — Wells Fargo & Co., the second- biggest U.S. home lender, may need $50 billion to pay back the federal government and cover loan losses as the economic slump

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In The News Today

Jim Sinclair’s Commentary

As goes Motors so goes the USA.

GM stock hit by bankruptcy report

US carmaker General Motors has seen its shares fall sharply after a report that the US government wants the firm to start bankruptcy proceedings by 1 June.

The New York Times said the Treasury Department wants a court-led

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Hourly Action In Gold From Trader Dan

Click chart to enlarge today’s hourly action in Gold in PDF format with commentary from Trader Dan Norcini

When Barron’s Attacks: A Repeat Of RGLD?

Dear CIGAs,

Many of you have wrote in asking about the Barron’s Financial Weekly article that mentioned me over the weekend. My official reply has been posted on the Chairman’s Corner section of the appropriate corporate site.

While many of you do not have any particular relationship to my corporate interests, comparing the

Continue reading When Barron’s Attacks: A Repeat Of RGLD?