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October 15, 2009, at 3:36 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear CIGAs,
Relax!
Gold is going to $1224. Gold is going to $1650. Gold is going to Alf’s numbers.
Forget the naysayers that have nayed all the way from $248.
Jim Sinclair’s
And you think the crisis is over?
Cash machines were monitored every hour during banking crisis Special report:
Continue reading In The News Today
WILL INFLATION RETURN?
In the last twelve months, wheat, corn, soybeans, and the prices of many soft commodities and foodstuffs have fallen at the wholesale level. This has been due to a cool and rainy summer in the Midwestern U.S. and in Europe, and a strong soy crop in Brazil. The old saying held
Continue reading Market Commentary From Monty Guild
October 15, 2009, at 2:51 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Dear Jim,
Here it is! I couldn’t be more pleased!
BREAKING NEWS: Judge Keith C. Long of the Massachusetts Land Court, Department of the Trial Court has just issued one of the most important decisions to come out of a court – any court – with respect to residential mortgage foreclosures.
Click here
Continue reading Jim’s Mailbox
Dear Friends,
Did you hear the sound of joy and the exuberant cries of rejoicing among the talking heads in the financial media and the hacks of Wall Street as the Dow peeked back above the magical 10,000 level in today’s trade? Happy days are indeed here again as we all know that the
Continue reading Happy Days Ahead With The Dow At 10,000!
October 14, 2009, at 7:07 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Jim,
Fitch predicts housing prices to continue falling next year.
"The majority — 60% — of remaining performing borrowers within ‘06- and ‘07-vintage residential mortgage-backed securities (RMBS) bear negative home equity, meaning they are underwater on their mortgages and owe more than their houses are worth.
The rating agency noted the number of
Continue reading Jim’s Mailbox
Dear CIGAs,
We can keep you updated on developments and Trader Dan can keep you updated on technical matters as the drama in gold will never end.
The dollar is headed for much bigger trouble quite soon.
Gold is going to $1224, $1650 and then on to Alf’s numbers.
The US dollar will touch
Continue reading What More is There to Say?
October 14, 2009, at 4:58 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
Historically the greatest waste of words and money has been official intervention to offset a falling currency or statements contrary to the currency bear market.
It calls attention to the basic weakness and is useless to change the trend against the Carry Trade and basic economics. It has always been so.
Continue reading In The News Today
Dear Friends,
This evening in Asian trade, the Japanese Minister of Finance once again restated the new view out of Japan that the level of the Yen is no longer an obsession with the monetary authorities of that nation. His comments were interpreted by the Forex markets that intervention to stem the advance of
Continue reading US Dollar Crashes Through Major Support Level
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