Jim’s Mailbox
Posted by Jim Sinclair on June 13, 2010 @ 11:49 am in Jim's Mailbox
Jim,
My brother emailed me this which appeared on Dutch TV. I had seen it here already but it is amazing how news travels.
CIGA H.
Dear CIGA H,
This is a great education on what has become of finance.
Regards,
Jim
10 Wall Street Movies Better Than "The Last Days Of Lehman Brothers" [1]
Gold
CIGA Eric
Gold continues to fade into the rainbow of support on shrinking volume. It is building pressure to strike through the highs when time is right.
Paper Gold ETF (GLD): 
[2]
This is the footprint of control within the A-wave advance.
Gold London P.M Fixed and the Commercial Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest 
[3]
The Diffusion Index position remains is a subtle warning against the perception of the U.S. dollar has the ultimate safe haven currency. The market, balancing reward against risk, has and will continue to decide its own definition of safety.
Gold London P.M. Fixed and the Commercial Traders COT Futures and Options Gold Diffusion Index (DI): 
[4]
More… [5]
Jim,
QE to infinity and beyond.
It’s all about getting re-elected and taking the easy way out.
CIGA Farmer
Obama Pushes for $50 Billion in State Aid
by CalculatedRisk on 6/13/2010 08:13:00 A
From Jackie Calmes and Sheryl Gay Stolberg at the NY Times: Obama Presses for Aid to Cities and States [6]
President Obama on Saturday implored Congress to provide more aid to states and cities to blunt “the devastating economic impact of budget cuts” by local governments that imperil the jobs of teachers, the police, firefighters and other public employees.
In a letter to Democratic and Republican Congressional leaders, Mr. Obama said the “mounting employment crisis” in the states “could set back the pace of our economic recovery.” … education secretary, Arne Duncan, has said that without federal aid, up to 300,000 fewer teachers would be in classrooms this fall …
The WaPo quotes Obama as writing there will be "massive layoffs of teachers, police and firefighters" without the additional funds.
More… [7]
URL to article: http://www.jsmineset.com/2010/06/13/jims-mailbox-463/
URLs in this post:
[1] 10 Wall Street Movies Better Than "The Last Days Of Lehman Brothers": http://www.businessinsider.com/the-top-10-wall-street-movies-2010-6#quants-the-alchemists-of-wall-street-2010-10
[2] Image: http://2.bp.blogspot.com/_m5i6pLhlNWU/TBTzku5ZPOI/AAAAAAAACUs/h7jIvOfm7xk/s1600/GLD.JPG
[3] Image: http://3.bp.blogspot.com/_m5i6pLhlNWU/TBTvtZA_l6I/AAAAAAAACUk/BvKlBCJhz2Y/s1600/COT+F&O+Gold+CS.JPG
[4] Image: http://2.bp.blogspot.com/_m5i6pLhlNWU/TBT0Z7u8JqI/AAAAAAAACU0/RZB9pVlmX54/s1600/COT+F&O+Gold+DI+C.JPG
[5] More…: http://edegrootinsights.blogspot.com/2010/06/gold_13.html
[6] Obama Presses for Aid to Cities and States: http://www.nytimes.com/2010/06/13/health/policy/13address.html
[7] More…: http://www.calculatedriskblog.com/2010/06/obama-pushes-for-50-billion-in-state.html
Click here to print.