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CCI And Crude Oil Charts From Trader Dan

Dear CIGAs,

Click charts to enlarge in PDF format and to view comments from Trader Dan Norcini

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Jim’s Mailbox

Jim,

I understand the logic in today’s article of how much overvalued a bank’s assets may be.

Though, I do get lost in the article when the writer says that the FDIC entered in an additional and other loss share arrangements for 1.5 billion.

Where did those assets come from? It doesn’t seem that

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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

A World That Cherishes Lies

Dear Friends,

Please read the following. I consider this one of the most important viewpoints given to you since this endeavor began seven years ago.

I am totally disgusted that the world we live in welcomes, maybe even cherishes, lies when they benefit from those lies. It is possible that the number of broken

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In The News Today

Jim Sinclair’s Commentary

How can you doubt QE to infinity in the entire Western world?

Bernanke Vows Fed Will Act If Uncertain Recovery Falters Wednesday, 21 Jul 2010 02:03 PM

Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy faces "unusually uncertain" prospects, and that the central bank was ready to take

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In The News Today

Dear CIGAs,

Extension of unemployment insurance payments.

Jim Sinclair’s Commentary

World class cajoles.

Goldman Sachs sets aside $9bn for pay as revenues drop By Louise Armitstead and Harry Wilson Published: 10:11PM BST 17 Jul 2010

Goldman Sachs is set to pay as much as 45pc of its 2010 revenues to its staff in

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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

Jim’s Mailbox

Jim,

The Russians are determined to have a HARD currency.

CIGA Nicole

Dear Jim,

If the TARP funds are the source of the large bonuses then how did some of the financials pay back the TARP?

Regards, CIGA Arlen

Dear Arlen,

The banks did not pay back the TARP, the public did.

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