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November 30, 2009, at 11:50 pm by Yra Harris in the category General Editorial | Print This Post | Email This Post
Dear CIGAs,
The end of November, the leaves are gone, the trees are bare and the markets become thinner into the holiday season of December. Now we may accept that 2+2=5 but we are not Decembrists. The markets will be wild and probably somewhat anarchical so we advise caution as we enter this, the
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November 30, 2009, at 11:33 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear CIGAs,
Gold’s independent action among other stimulants is a product of the recognition of three factors:
1. The financial problems of the Western world have infected the imitators.
2. The solution will be the same wherever it occurs, which is Quantitative Easing.
3. There currency based inflation will not only occur but it
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November 30, 2009, at 4:53 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Jim,
Top Now? Nope!
CIGA Eric
Click charts to enlarge in PDF format
Dear Jim,
The following article provides an unusually forceful and specific confirmation of what contributors here have been saying regarding China’s plans to diversify its foreign exchange reserves by acquiring gold and other hard assets. An official is
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Dear CIGAs,
We open tonight’s notes with the sage words of Rudyard Kipling from the poem “IF.”
“If you can keep your head when all about you Are losing theirs and blaming it on you, If you can trust yourself when all men doubt you,” More…
“But make allowance for their doubting too.”
These
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November 29, 2009, at 9:36 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
A view from the Asian golden bridge
China, gold, and the civilization shift By Ambrose Evans-Pritchard Economics Last updated: November 26th, 2009
Stephen Jen from the hedge fund Blue Gold Capital has a warning for those who think that gold has risen far too high, is necessarily in
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November 28, 2009, at 11:09 am by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
23% of all US mortgage holders are underwater as the sale value of their property falls below the cost of settling their mortgage. That means Negative Equity.
Strategic Walk Away is becoming common.
Drain what? Are you kidding?
One in Four Borrowers Is Underwater By RUTH SIMON and JAMES R. HAGERTY
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November 27, 2009, at 2:43 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear CIGAs,
Today’s attack on gold and buying of the dollar was like a recent polar bear attack on a tourist in Churchill, Canada’s far north.
Jim Sinclair’s Commentary
Grabbing at straws? A sign of concern? A guarantee of QE to infinity?
Federal Reserve tries theater ads to burnish its image Spots
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November 27, 2009, at 2:26 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Jim,
This article describes some flaws of the CDS contracts as well as first test settlement as companies start to have debt problems.
Best regards, CIGA Christopher
Dear Christopher,
Weapons of mass financial destruction remain weapons of mass financial destruction regardless of whether they are wearing a suit over jeans.
Regards, Jim
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