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In The News Today

Jim Sinclair’s Commentary

So far this weekend.

Bank Closing Information – November 12, 2010 These links contain useful information for the customers and vendors of these closed banks.

Copper Star Bank, Scottsdale, AZ Darby Bank & Trust Co., Vidalia, GA Tifton Banking Company, Tifton, GA

http://www.fdic.gov/

 

Jim Sinclair’s Commentary

Roubini discovers Tanzania:

Roubini

Continue reading In The News Today

Relax And Enjoy Your Weekend

Dear Friends,

How many times in the past five years have you heard China’s growth is finished, and that would tank commodities hard?

Goldman Sachs, now Gold Sachs forecasting $1600 today, gave a warning on investing in China.

The media was going wild on Ireland. That should mean the bottom on the euro

Continue reading Relax And Enjoy Your Weekend

Hourly Action In Gold From Trader Dan

Dear CIGAs,

Overnight news that China was hiking rates in an effort to remove some of the inflationary pressures that have been building in its economy served as a catalyst for the hedge funds to unload everything that remotely resembled a commodity. There was not a single commodity that was higher today no matter

Continue reading Hourly Action In Gold From Trader Dan

Jim’s Mailbox

Jim,

All of the selling we are seeing across the entirety of the commodity complex is related to the news that China is hiking rates again. The fear is that this will cause a slowdown in the Chinese economy which will negatively impact demand for commodities across the board.

I am seeing every single

Continue reading Jim’s Mailbox

G-20 Worries About Everything But What It Should

Courtesy of Greg Hunter’s USAWatchdog.com

Dear CIGAs,

The G-20 kicked off in Seoul South Korea this week.  It seems to me everyone should be talking about the U.S. defaulting on its obligations by massive money printing.  Instead, the group of twenty finance ministers and central bankers from the most important industrialized and developing economies

Continue reading G-20 Worries About Everything But What It Should

A Deeper Look Into Why QE Is Bad

Hello,

I would love if one of you gentleman could mention the following BusinessInsider article on QE on JSMineset.com and refute their sophisticated argument on why QE does not increase the money supply and is not bad. It is articles like these in the mainstream media that your readers should be able to respond

Continue reading A Deeper Look Into Why QE Is Bad

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

Clear And Present Currency Induced Cost Push Inflation

Dear CIGAs,

Here is a clear and present example of currency induced cost push inflation.

How in the world can people not understand what is here and what is going to expand possibly to critical mass?

This is so basic to our mindset that I felt I had to publish it. Our businessman in

Continue reading Clear And Present Currency Induced Cost Push Inflation