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Jim’s Mailbox

Jim Sinclair’s Commentary

The following was sent in by a CIGA:

Jim,

Did you see this one?  I was laughing when I read it.

CIGA Eric

Eric,

Maybe if the IMF is not too busy, California and New York are much closer.

Jim

IMF to Send Team to Greece Tomorrow on Request

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Hourly Action In Gold From Trader Dan

Dear CIGAs,

Click chart to enlarge today’s hourly action in Gold in PDF format with commentary from Trader Dan Norcini

In The News Today

Dear CIGAs,

Do not think California’s problems are unique to California. 40 states are in line directly behind them.

Do not think the Euro states have problems not equaled and exceeded by the US states.

Hawaii can’t afford Congressional election By MARK NIESSE updated 3:25 p.m. MT, Sat., Jan. 9, 2010

HONOLULU – Cash-strapped

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Jim’s Mailbox

End to Dollar Carry Trade Isn’t Here Yet CIGA Eric

The disappointing December payroll numbers threw cold water on expectations for a near-term extension of the dollar’s rally.

The report had been billed as a key marker for the greenback: a positive reading would have cemented the dollar’s recent gains, limiting its role as

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In The News Today

Jim Sinclair’s Commentary

The substance claimed for the dollar rally of late December was a distinct recovery economically from depressed levels and sustainability.

That looks quite shaky now.

U.S. Job Losses in December Dim Hopes for Quick Upswing By PETER S. GOODMAN Published: January 8, 2010

The nation lost 85,000 jobs from the

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Jim’s Mailbox

Dear Jim,

Yesterday evening the FDIC released information regarding the first bank closure of 2010 – Horizon Bank of Bellingham, Washington. The statistics regarding this closure are terrible. If it is indicative of things to come it will be a very rough year for the FDIC.

According to the FDIC, Horizon Bank had

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In The News Today

Dear CIGAs,

This is not a dress rehearsal.

This is the real thing, and has been since you received the email titled "This Is It!"

Take a look at the following list of news topics:

-Tishman Real Estate to miss payment on a commercial loan of over $5 billion on a massive New York

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Jim’s Mailbox

Government Jobs Have Overtaken Goods-Producing Jobs CIGA Eric

Stop the presses!

Government Jobs have overtaken goods-producing jobs.

Why don’t we just put everyone in the United States on the federal government payroll and call it a day?" counters Rep. Jerry Lewis, R-Calif. source

Goods-Producing Works vs Government Payroll: More…

 

Jim,

What a recovery

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