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Fraud, It’s Much Bigger Than Goldman Sachs

Jim Sinclair’s Commentary

When the litigation ball gets rolling one loss can take down the house.

Dear CIGAs,

Goldman Sachs was charged with fraud last week by the Securities and Exchange Commission.  The investment bank says the charges are “unfounded in law and fact.”  Regulators allege “Goldman wrongly permitted a client that was betting

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Jim’s Mailbox

Hello Jim,

I first learned of Martin Armstrong via your site and have read what I could find regarding his work. One of his charts caught my eye months ago in a piece titled: ‘Understanding the Real Economy’. On the front of that piece, Armstrong had a chart with the date April 16th, 2010

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A Salute To Honor

Jim Sinclair’s Commentary

In this cesspool of finance let’s take a moment to salute honor:

Look carefully at the B-17 and note how shot up it is – one engine dead, tail, horizontal stabilizer and nose shot up.. It was ready to fall out of the sky. (This is a painting done by an

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HUI Chart From Trader Dan

Dear CIGAs,

Click the following chart to enlarge today’s HUI data in PDF format with commentary from Trader Dan Norcini

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

Jim Sinclair’s Commentary

Who paid the bonuses for Wall Street and how it worked:

1. FASB capitulates and allows holders of OTC derivatives to value them at whatever they wish. 2. International investment firms begin strong mark up policies towards their crap inventory. 3. Profits from the mark up of crap OTC derivatives by

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Jim’s Mailbox

Jim and CIGAs,

Welcome to the world of mortgage servicing loss mitigation…

We now have the situation in this country where after delinquent borrowers are offered a loan modification option which takes the interest rate down to 2% for 5 years, extends the mortgage term to 40 years and forebears (soon will forgive) some

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The Weakness In Gold That Isn’t

Dear Friends,

Let no weakness in gold disturb you at this time.

I speak directly to the biggest and the best in the metals markets worldwide. These are not talking heads and in fact are never interviewed. They speak to me because they feel I have something meaningful to contribute.

After 52 (1958 to

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