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September 8, 2009, at 8:45 pm
by Jim Sinclair in the category General Editorial |  Print This Post |  Email This PostDear CIGAs, I stood in Barrick’s head office with the then President Oliphant and another top executive. I had gone to Barrick to make them a cash offer for Kabanga Nickel. Oliphant asked me what I thought about their hedge program. I told him at $305 Barrick was in trouble and at $354.90 Continue reading Barrick Moves To Eliminate Gold Hedges September 8, 2009, at 6:58 pm
by Jim Sinclair in the category In The News | Print This Post | Email This PostJim Sinclair’s Commentary Wasn’t it Chairman Greenspan that praised OTC derivatives in public testimony as transmuting risk from the few to the many when in fact it turned out to be from the few to the fewer? He also testified that regulation of OTC derivatives was not required. The Fed Can’t Monitor ‘Systemic Risk’ Continue reading In The News Today September 8, 2009, at 11:45 am
by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This PostTA on GLD: Strong Technical Picture By Eric 09/08/09 "Jumped the Creek" or expanding volume as the gap resistance is breached. "Three taps and out" suggest resistance will fall. Still waiting for a "Jump of the Creek" at the all-time high. Click chart to enlarge
Continue reading Jim’s Mailbox September 7, 2009, at 12:21 pm
by Jim Sinclair in the category In The News | Print This Post | Email This PostDear CIGAs, Happy Labor Day! Jim Sinclair’s Commentary When COT takes on government they, that is COT, loses badly. It happened in the 70s and has happened again. Look for gold to reach the numbers given you one time only! China, Bernanke, and the price of gold By Ambrose Evans-Pritchard Economics Continue reading In The News Today September 7, 2009, at 12:14 pm
by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This PostDear Mr. Sinclair, $1,650? Doesn’t that sound familiar? How about your most recent one time numbers being repeated on TV without credits? Best Regards, CIGA Marc
Jim, Another swinging success of US foreign policy. Looks like our man from Unocal/Chevron is in trouble. The problem with people who watch TV is Continue reading Jim’s Mailbox September 6, 2009, at 10:12 pm
by Jim Sinclair in the category General Editorial | Print This Post | Email This Post
Jim Sinclair’s Commentary CIGA Rusty Bayonet says; "If it moves or dies, securitize it. LOL" Seriously, these guys will not be stopped, cannot be stopped. They will not be satisfied until they have destroyed every semblance of normal markets. Now they profit openly on DEATH. Now that they have created need, what Continue reading What Next! Wall St. Wants to Securitize Death September 6, 2009, at 7:25 pm
by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This PostJim, Bearish Setups: USDX (Implies a break of the swing lows soon) US Long Bond (Implies higher rates) Best, CIGA Erik September 6, 2009, at 2:39 pm
by Jim Sinclair in the category In The News | Print This Post | Email This PostJim Sinclair’s Commentary Friday’s score for the week was "4." But not to worry, the FDIC has your back covered, unless they have to be rescued themselves. And that will happen very soon, I expect! Five more banks fail – 89 so far in 2009 Regulators close banks in Arizona, Illinois, Iowa and Continue reading In the News Today |
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