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King World News Weekly Metals Wrap

Dear CIGAs,

Click the link below to listen to this week’s metals wrap up from King World News, once again featuring our very own Trader Dan Norcini.

Click here to listen to the interview…

In The News Today

Jim Sinclair’s Commentary

And now there are seven.

Bank Closing Information – October 22, 2010 These links contain useful information for the customers and vendors of these closed banks.

First Arizona Savings, A FSB, Scottsdale, AZ Hillcrest Bank, Overland Park, KS First Suburban National Bank, Maywood, IL The First National Bank of Barnesville, Barnesville,

Continue reading In The News Today

In The News Today

Jim Sinclair’s Commentary

Four so far today.

Bank Closing Information – October 22, 2010 These links contain useful information for the customers and vendors of these closed banks.

The First National Bank of Barnesville, Barnesville, GA The Gordon Bank, Gordon, GA Progress Bank of Florida, Tampa, FL First Bank of Jacksonville, Jacksonville, FL

http://www.fdic.gov/

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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

Capital Already ‘Knows’ CIGA Eric

Bloomberg had an interview this afternoon with Professor Black who is the author of " The Best Way to Rob a Bank is to Own a Bank." He could not be silenced.

Professor Black said, among other javelins in the heart of MOPE, the following:

1/ The Securitized Mortgage

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In The News Today

Jim Sinclair’s Commentary

My new friend is a Coon Hound. This is the little girl that got air time.

Jim Sinclair’s Commentary

The G20 says no before they even meet.

U.S. plan hits opposition at G20, FX accord remote By Abhijit Neogy and Toni Vorobyova GYEONGJU, South Korea (Reuters) – G20 officials

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Jim’s Mailbox

Fannie and Freddie may need another $215 billion CIGA Eric

This is certainly dollar friendly, right? Don’t think so.

Fannie Mae (OTC BB:FNMA.OB – News) and Freddie Mac (OTC BB:FMCC.OB – News) may need as much as $215 billion in additional capital from the Treasury through 2013 to offset losses and maintain a positive

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No Option But QE To Infinity

My Dear Friends,

The weakness that the shorts on the Comex have taken advantage of is the many comments, almost every day, by highly placed people around the world stating that the Fed is making a huge error by utilizing QE.

The dollar today has not rallied enough to account for the gold price

Continue reading No Option But QE To Infinity