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September 27, 2009, at 7:20 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear Extended Family:
Please watch the following video and keep these points in mind:
1. That it comes from CNBC. 2. That is was presented without the usual argumentation from interviewers. 3. That it errs only in saying gold is the enemy of all central banks which we know is incorrect for Asia
Continue reading In The News Today
September 26, 2009, at 3:49 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear CIGAs,
There comes a time to cut the bait or to fish. What is your firm mindset on the US dollar?
The dollar is much different today than it ever has been in your lifetime.
1. It has the carry trade against it. 2. It has the wish of central banks to
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September 26, 2009, at 3:46 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Jim,
Western banks find out that even Saudi families may default on their debt.
This fight between 2 Saudi families could be a $15.7B potential loss for 8 international banks, BNP and Citigroup among them.
In addition, the Saad group involved in infrastructure among other businesses may file for bankruptcy.
"Saudi Arabia’s economy will
Continue reading Jim’s Mailbox
Dear CIGAs,
In the following interview Jim discusses inflation, deflation, hyperinflation, the U.S. Dollar, gold, silver, social unrest, the Federal Reserve, commercial banks incorrectly positioned on the COT, fraudulent bank balance sheets, the equity market, future opportunity, gold and silver shares and much more.
Click here to listen to the interview…
September 25, 2009, at 2:31 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
As in the 70s central banks first slowed down their gold sales then turned into gold buyers. The Chinese are already on the buy side now.
Gold is going to $1224, $1650 and then on to Alf’s numbers.
UPDATE 1-German Bundesbank to keep lid on gold sales this year
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September 25, 2009, at 2:02 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Dear CIGAs,
While market players feel grip of the October selling fear, they fail to see the comparisons of 2009 with 2003. After the Japanese liquidity blast from 2002-2003, the dollar began to fall aggressively in 2003. Stocks soared.
Today’s infinite QE of 2008-2009 makes the Japanese liquidity blast of 2002-2003 look like a
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Dear CIGAs,
Click chart to enlarge today’s hourly action in Gold in PDF format with commentary from Trader Dan Norcini
Jim,
I know this is kind of late but for those who care to tune in, the hearing on HR1207, Ron Paul’s "Audit the Fed" bill will be streamed live at 9am EST Friday
CIGA BJS
Click here for the live webcast link…
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