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October 15, 2010, at 6:19 pm
by Jim Sinclair in the category Jim's Mailbox |  Print This Post |  Email This PostJim, More viewpoints on the foreclosure mess. Estimated cost of litigation to date is $10 billion. CIGA Black Swan Dear CIGA Black Swan, QE to infinity is not debatable. It is the only tool the Fed has to kick the can down the road one more time, but at what cost? Regards, Jim Stock Continue reading Jim’s Mailbox October 15, 2010, at 2:24 pm
by Dan Norcini in the category Trader Dan Norcini | Print This Post | Email This PostDear CIGAs, “Trick or Treat” – That sums up the much awaited speech from Fed Chairman Bernanke. Or perhaps Shakespeare can be slightly modified: “To ease or not to ease – that is NOT the question. Whether ‘tis nobler to ease in large quantity immediately and suffer further insult to the Dollar as it Continue reading Hourly Action In Gold From Trader Dan October 14, 2010, at 11:56 pm
by Dan Norcini in the category Trader Dan Norcini | Print This Post | Email This PostDear Friends, The ominous trend continues in the US Agency Debt market as Foreign Central Banks continue to divest themselves of it at an alarming pace. Holdings are now at a 39 month low. The question can be raised – who is buying all of this debt that is being unloaded on the market? Continue reading Who Is Buying All The US Agency Debt? October 14, 2010, at 2:06 pm
by Dan Norcini in the category Trader Dan Norcini | Print This Post | Email This PostDear CIGAs, Watching the overnight action, particularly as trading moved into early European dealings, one would have thought that the wheels were coming off of the global economic bus. The Dollar was collapsing, the Euro was soaring, gold was hitting record highs above $1,388, silver was threatening to take out $25 and copper, platinum Continue reading Hourly Action In Gold From Trader Dan October 14, 2010, at 1:55 pm
by Jim Sinclair in the category In The News | Print This Post | Email This PostJim Sinclair’s Commentary Bloomberg’s gab session made a point. Looking directly at the camera a pan-expert interviewer said “Remember, the dollar goes down and therefore commodities go up.” This is a definition of currency induced cost push inflation.
Jim Sinclair’s Commentary This video makes the connection between the present mortgage crisis and the Continue reading In The News Today October 14, 2010, at 10:07 am
by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This PostU.S. is currency war’s "tomb maker": China economist CIGA Eric Devaluation of the currency after a huge accumulation of debt during the previous expansion has been going on long before the recent media recognition of burgeoning "currency wars". China, which still maintains a soft peg to dollar, is also printing money in effort to Continue reading Jim’s Mailbox October 14, 2010, at 8:11 am
by Dan Norcini in the category Trader Dan Norcini | Print This Post | Email This PostDear CIGAs, Click image to enlarge today’s Gold/Bond Ratio chart in PDF format with commentary from Trader Dan Norcini October 13, 2010, at 10:02 pm
by Jim Sinclair in the category General Editorial | Print This Post | Email This PostMy Dear Friends, The US dollar just blew through .7700 USDX on the downside. It now sits at .7671 Currency induced cost push inflation is upon us. Gold is going to $1650 much faster than most of you anticipate. Respectfully, Jim Click chart to enlarge today’s USDX action in PDF format with commentary from Continue reading US Dollar Nosedives Through .7700 USDX |
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