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December 19, 2009, at 11:58 pm
by Jim Sinclair in the category In The News |  Print This Post |  Email This PostDear CIGAs, For more reading on the Peanut Brittle Recovery, the following article in the Economist underscores the risk inherent in Pretend, Extend and Pray. Click here to read the article…
Jim Sinclair’s Commentary Here it is from the horse’s mouth. If you are bull on the US dollar you have got to Continue reading In The News Today December 19, 2009, at 11:54 pm
by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This PostDear Jim, The FDIC closed seven more banks this week, making it 140 so far this year. This week’s closures cost the FDIC a total of about $1.8 billion. For those keeping score, the FDIC was reported to have run out of assets as of approximately November 2009. It then came up with Continue reading Jim’s Mailbox December 19, 2009, at 9:27 pm
by Jim Sinclair in the category General Editorial | Print This Post | Email This PostDear CIGAs, Sir George Kahama, father of Joseph Kahama, has been my personal friend from the first day I found myself in Tanzania. Joseph has written a book about his Dad that will be published soon. It gives me great pleasure to see recognized yet another of Sir George’s many accomplishments. Jim Sinclair Broadband Continue reading Sir George Kahama No Stranger to Success December 18, 2009, at 3:31 pm
by Dan Norcini in the category Trader Dan Norcini | Print This Post | Email This PostDear CIGAs, In remarks yesterday I mentioned that we would be watching to see at what point gold would shrug off its deleveraging carry trade pressure and begin trading as a safe haven asset of its own. It appears that we might have reached that point based on what I am seeing in today’s Continue reading Hourly Action In Gold From Trader Dan December 18, 2009, at 1:58 pm
by Jim Sinclair in the category In The News | Print This Post | Email This PostThis Morning’s Observations: Finding anyone in the financial world with a mindset of their own is almost impossible. Now I know how the extinction of the dinosaurs occurred. A trend line broke and they were all declared dead. All their supporters’ north end could be seen as last week supporters ran over the hill Continue reading In The News Today December 18, 2009, at 1:50 pm
by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This PostDear Jim, Indeed, all paper IS junk. As you are all too well aware, a simple look at the charts over the past few years shows that Gold is charging against every currency. The race to the bottom perpetuates all sorts of head fakes along the way. None of them impinge upon the simple Continue reading Jim’s Mailbox December 17, 2009, at 4:05 pm
by Jim Sinclair in the category General Editorial | Print This Post | Email This PostDear CIGAs, This morning when the opposing members of the Chairman of the Federal Reserve confirmation committee were speaking, their faces were shown with lips moving but no sound. There were over-spoken by the F-TV so the net result is you did not hear one word. Well that should go some distance to tell Continue reading Today’s Observations December 17, 2009, at 3:54 pm
by Jim Sinclair in the category In The News | Print This Post | Email This PostJim Sinclair’s Commentary Do not trust this cat! Jim Sinclair’s Commentary This is a two edged sword as it benefits both the bank’s earning statement as well as the deposed victim of the economic debacle. Citigroup To Suspend Foreclosures For 30 Days WASHINGTON (AP) — Citigroup will suspend foreclosures and evictions Continue reading In The News Today |
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