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Dear CIGAs,
What is the essence of the Dubai request for debt payment delay (a technical default)?
1. Will an implied Dubai Federal Guarantee of the debt of state owned corporations be honored in Dubai and elsewhere?
2. How many more financial problems are there out there hidden in plain view in the West
Continue reading The Essence Of Dubai’s Request For Debt Payment Delay
Dear Friends,
Overnight news out of Dubai has sent global equity markets reeling and generated a safe haven flow into the US Dollar as carry trades are unwound and a flight away from risk occurs. Dubai has asked for a 6 month moratorium on its debt obligations, which for all practical purposes is a
Continue reading Dubai Asks For 6 Month Moratorium On Debt Obligations
My Dear Friends,
Please accept all of our sincere thanks for the many years of your support.
Gold will shortly trade at $1650 and then on to Alf’s and Armstrong’s numbers.
The only thank you we want is in the form of your protection.
Our purpose here is your family’s financial safety.
Our total
Continue reading $1650 Gold Is Upon Us
November 25, 2009, at 8:04 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Jim,
Another day at the shopping mall.
CIGA BJS
China to invest $6.5b in Iran refineries Wed, 25 Nov 2009 08:33:27 GMT
Iran and China have reached an agreement that would see a Chinese company invest a total of $6.5 billion in the Iranian oil refineries.
"The National Iranian Oil Refining and Distribution
Continue reading Jim’s Mailbox
November 25, 2009, at 6:52 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear CIGAs,
Click here to listen to my interview yesterday from GoldSeek Radio…
Miners: We’re running out of gold November 25, 2009 – 12:49PM
Gold production will continue to fall, despite a brief boost in 2009 and soaring prices, as deposits are exhausted and new discoveries remain elusive, say miners.
In terms of
Continue reading In The News Today
Dear Friends,
The surge by the Euro above major resistance centered near the 1.50 level with a corresponding break of downside support in the US Dollar and a move to a new yearly low, catapulted gold up to within easy striking distance of $1,200.00. If you recall our inflation adjusted gold price chart, a
Continue reading Hourly Action In Gold From Trader Dan
Dear CIGAs,
COT loses when it takes on governments. COT loses badly when it takes on persistent governments. COT gets creamed when the US dollar trades below .7400 and persistent government are persistent. COT expires when delivery problems occur on any futures exchange, the dollar trades under .7400 and persistent government persist.
COT does
Continue reading When The COT Loses
November 24, 2009, at 9:36 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear CIGAs,
To truly understand what will be written about by others hiding behind complete ignorance, such as money supply numbers and the implications thereof, you need the by subscription service at www.shawdowstats.com. There is no financial connection between myself and this service in any manner. It is simply a quality resource that I
Continue reading In The News Today
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