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In The News Today

Dear CIGAs,

The smoke and mirrors modest upturn in economic statistics primarily due to the FASB capitulation in April of 2009 comes to an end as the Ski Jumper gets airtime.

All the MOPE about recoveries and double dip comes into question with the violent nature of major economic statistic dissolution.

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Jim’s Mailbox

Jim Sinclair’s Commentary

Yra is spot on. Please read this.

Notes From Underground: Amazing Grace has appeared and it’s in Jackson Hole By Yra

Amazing Grace! How sweet the sound, That saved a wretch like me. I once was lost but now am found, Was blind, but now I see.

The markets are reacting

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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

Hourly Action In Silver From Trader Dan

Dear CIGAs,

Click chart to enlarge today’s hourly action in Silver in PDF format with commentary from Trader Dan Norcini

Cumulative Bank Failures Reported By FDIC

Dear CIGAs,

Click the chart to enlarge today’s Cumulate Bank Failures as reported by FDIC in PDF format with commentary from Trader Dan Norcini

Market Commentary From Monty Guild

Dear CIGAs,

HOW “CONSERVATIVE” IS YOUR MUNICIPAL BOND PORTFOLIO?

The municipal bond market has performed well in recent years.  A long period of declining U.S. interest rates and growing fears of rising tax rates have helped them outperform other investments.  In our opinion, there are many under-disclosed risks and problems in municipal bonds of

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Jim’s Mailbox

15 Signs The U.S. Housing Market Is Headed For Complete And Total Collapse CIGA Eric

Words like total collapse and dying tends to be associated with the "selling of fear". This label, in turn, can lead to instant discredit or laughable denial.

Unfortunately, the cyclical low in housing is not due for years (decades).

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In The News Today

Jim Sinclair’s Commentary

Volcker won it all and Greenspan gave it all away.

China has it now.

 

Jim Sinclair’s Commentary

Adam Ferguson is the author of When Money Dies, which is about hyperinflation during the Weimar Republic.

Even though the reporter excerpts to modify the significance of Currency Induced Cost Push inflation

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