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My Dear Friends,
It is apparently above the head of most of the sheeple, but today the majority of OTC derivatives known as securitized mortgage debt ended.
The presence of the NY Fed in this potential litigation says that the Fed is holding paper which does not qualify for holding according to its own
Continue reading The End Of Securitized Mortgage Debt
Dear CIGAs,
News overnight that China’s Central Bank had raised interest rates (the first move in almost 3 years and a piddly .25% at that) in an attempt to curtail inflationary pressures developing in its economy (particularly property values) sent the foreign exchange and commodity markets into a tizzy.
Apparently China trumps the Fed’s
Continue reading Hourly Action In Gold From Trader Dan
Dear CIGAs,
Today is the height of nonsense for those that understand what is in fact taking place.
The .25 increase in Chinese money costs are symbolic and their use of MOPE.
The following statement by the US Treasury is simply an answer to China’s position that the US is involved in more than
Continue reading The Height Of Nonsense
Dear CIGAs,
A rising stock market and rising gold price is a product of currency induced cost push inflation.
If you have eyes to see the future is hiding in plain sight.
Click image to open Martin Armstrong’s latest in PDF format
Continue reading Nice Try But No Cigar!
October 18, 2010, at 3:41 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
This is only the beginning. It will be every state. That you can be sure of.
And Now, Here’s The First 11 State Pensions Funds That Will Run Out Of Money Gus Lubin | Oct. 18, 2010, 11:20 AM
Here’s a shocker: The most immediate state pension crises aren’t in New
Continue reading In The News Today
October 18, 2010, at 3:33 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Dean Harry Schultz Letter to the Editor Financial Times October 18, 2010
Letters to editor 0ct 18, 10
Sirs; Your otherwise great AND objective newspaper continues to manifest its blind spot regarding gold. Last week you printed a columnist urging the US to dump its gold. Today you print a column calling gold a
Continue reading Jim’s Mailbox
Dear CIGAs,
Click chart to enlarge today’s hourly action in Gold in PDF format with commentary from Trader Dan Norcini
Dear CIGAs,
Central banks are quickly waking up to the fact that gold is a currency.
The other epiphany is that this time gold will, as always, be prone to reactions at key points, but this is no repeat of 1980 for reasons I have told you many times.
South Korean central bank looks
Continue reading Central Banks Wake Up To Gold As A Currency
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