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Jim Sinclair’s Commentary
Here is another way to look at "QE to infinity or the Fed is history."
Stock investors ask: What’s the next big thing? CIGA Eric
Stocks have lost some of the momentum that propelled the Dow Jones industrials up 61 percent from 6,547, its close on March 9, 2009. That’s natural
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Dear CIGAs,
The gold buzz today was CDS winners demanding payment in gold.
The major weakness of this thought is you can’t demand anything except what the contract calls for at inception.
Novation or unilateral changing or cancelling of a contract is against contract law internationally. This sounds good but lacks legality and functionality.
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Dear CIGAs,
The big mover in gold today was news that the Fed will increase the number of counterparties that they can do these so-called, “reverse repos” with. That was interpreted by some traders as a hint that tightening is on its way. That led to chatter that some would opt towards holding Treasuries
Continue reading Hourly Action In Gold From Trader Dan
Dear CIGAs,
The following is the first half of a two part interview completed this weekend with Eric King of www.KingWorldNews.com. Part two will be released later this week.
Click here to listen to part one of the interview…
Eric,
QE to infinity or the Fed is history.
Draining reserves during this administration is a sick joke.
Regards, Jim
Program Will Pay Homeowners to Sell at a Loss CIGA Eric
In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it
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Jim Sinclair’s Commentary
OTC derivatives are themselves an ABUSE. They are the new Blitzkrieg of the Financial Reich.
CDS have declared war on the Greeks and in time will get around to everyone.
What makes you think Greece is the only country that utilized these venomous instruments? What do you think killed Iceland?
OTC
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Head of IMF Proposes New Reserve Currency CIGA Eric
Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries with a global reserve currency that would serve as an alternative to the U.S. dollar.
What will come as a surprise is not
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March 6, 2010, at 10:04 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear CIGAs,
Here is the mantra of OTC derivative credit default swap manufacturers:
"When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without
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