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Market Commentary From Monty Guild

Dear CIGAs,

 

SO MANY ARE CONVINCED THAT DEFLATION IS AHEAD…WE ARE NOT CONVINCED

For years, a few have believed that inflation will be the long-term outcome.  We have been among them.  We mentioned months ago in our commentary that there would be short term deflationary influences within the U.S. and developed economies in

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In The News Today

Dear CIGAs,

Goldman Sachs reported a significant miss in earnings. The rest of the financials are looking as if their earning will stink as well.

Do you need any more proof that the financials’ earnings were in the great majority paper profits produced by the FASB’s capitulation to political pressure to allow crap to

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Jim’s Mailbox

A hidden world, growing beyond control CIGA Eric

There is only one constant and that is the greater the size of government, the lower the production of nation wealth. Martin Armstrong, Can the Euro Survive a Sovereign Debt Crisis.

So much for openness and transparency. The American public remains on a need to know

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Explained Time and Time Again: Currency Induced Cost Push Hyperinflation

Dear CIGAs,

If gold market participants were all tank drivers their machine would have but one gear – reverse. The smallest book in the world is the book of confirmed gold price visionaries.

Someone says deflation and the long gold positions hit the fan. Gold banks make their short covers even though the fuel

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Jim’s Mailbox

Reality is up for grabs CIGA Eric

A major break in the dollar’s counter trend rally goes by without a headline whimper.

U.S. dollar ETF (UUP):

Meanwhile, gold and the gold shares decline during a paper operation that is clearly supported by strategically generated headlines. No cares to notice that the retest of

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In The News Today

Jim Sinclair’s Commentary

Here is an interesting view.

Top Chinese Economists Call For Government To Ditch U.S. Treasuries And Buy Gold Vincent Fernando, CFA Jul. 19, 2010, 3:48 AM

A former advisor to the Chinese central bank, and influential economist, has called for his nation to diversify away from U.S. treasury holdings.

This comes

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In The News Today

Jim Sinclair’s Commentary

Now this is really bad news for the dollar.

Regulators list 40 North Carolina banks as ‘troubled’ The number of N.C. state-chartered banks in trouble increased 74 percent since October, as delinquent loans and declining real estate values took a toll. By Stella M. Hopkins Posted: Sunday, Jul. 18,

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In The News Today

Jim Sinclair’s Commentary

Settle they MUST. OTC derivatives cannot stand the light of civil litigation.

The real problem for OTC derivatives is in criminal litigation in Italy and elsewhere. You settle those by turning state’s evidence.

Insurer AIG agrees to massive $725m fraud payout 16 July 2010 Last updated at 18:50 ET

The US

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