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May 13, 2009, at 2:40 pm
by Jim Sinclair in the category Jim's Mailbox |  Print This Post |  Email This PostJim, So – the pension fund deficit of British Telecom (not the pension fund obligation, just the deficit!) is more than the market cap of the whole damn company??? This cannot be an isolated incident. We are in so much trouble it defies description. Only a fool doesn’t have Gold in his hand. Regards, Continue reading Jim’s Mailbox May 13, 2009, at 2:05 pm
by Dan Norcini in the category Trader Dan Norcini | Print This Post | Email This PostDear CIGAs, Dismal Retail sales numbers derailed the equity bull’s party on Wall Street sending the markets reeling and bonds soaring as suddenly all the happy talk about an improving economy went out the window. That put a safe haven bid into the US Dollar which allowed it to bounce off its overnight lows. Continue reading Hourly Action In Gold From Trader Dan May 12, 2009, at 10:13 pm
by Jim Sinclair in the category General Editorial | Print This Post | Email This PostDear CIGAs, For those of you who remember, I was interviewed by Bloomberg Radio on February 20th about my thoughts on gold. Today this interview is as relevant as ever. Take a few moment and listen to the presentation linked below. Click here to listen to Jim’s Bloomberg interview… May 12, 2009, at 9:24 pm
by Jim Sinclair in the category General Editorial | Print This Post | Email This PostDear Friends, This may be a first, but you haven’t seen anything yet. As the income of the USA collapses and the outrageous prejudice of the rescue of the ultra rich continues, the Federal Budget Deficit rises geometrically, not arithmetically. Economics is in motion. It is not a life form of still photos. Therein Continue reading US Government Receipts Collapse May 12, 2009, at 6:21 pm
by Jim Sinclair in the category In The News | Print This Post | Email This PostDear CIGAs, The Social Security Fund has been Washington’s piggy bank for everything from pork bellies to war. Payback time starts in 2014, but what if the pay back is just more IOUs? Hyperinflation is the only way out for Washington’s inability to pay back the Social Security Fund debt. Hyperinflation is the only Continue reading In The News Today May 12, 2009, at 1:40 pm
by Dan Norcini in the category Trader Dan Norcini | Print This Post | Email This PostClick chart to enlarge today’s hourly action in Gold in PDF format with commentary from Trader Dan Norcini May 12, 2009, at 11:38 am
by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This PostJim, Updated 04/09 "The Formula" US Fiscal Balance vs. US Dollar: Federal Government Budget As A % of GDP, 12 Month Moving Average: The Federal budget, or total receipts less total outlays, divided by GDP defines “The Formula.” The Federal budget is normalized or divided by GDP to remove the effects dollar devaluation and Continue reading Jim’s Mailbox May 11, 2009, at 5:43 pm
by Jim Sinclair in the category General Editorial | Print This Post | Email This PostMy Dear Friends, Under USDX .8200 the wheels of hyperinflation start turning. Under USDX .7200 the impact of hyperinflation is visible to anyone who can see. Under USDX .6200 the Quantitative Easing madness hits the fan Under USDX .5200 Zimbabwe economics now being practiced become a US dollar condition moniker. PROTECT YOURSELF Continue reading Stay Focused On What Is Real |
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