Jim Sinclair’s Commentary
CIGA Lew wishes all his CIGAs a happy New Year in this very interesting video.
Click here to watch the video…
Jim,
You called muni bonds a while back. Meredith Whitney thinks so in 2011.
CIGA BIG Tatanka.
Dear LT,
People forget the 10-20+ percent bear raids on gold that were the rule of the day years ago, the hammering of RGLD, the synthetic dollar short BS, Central bank selling and so on. They would do almost anything to shake us out of our positions…
You have again been the most charismatic leader in my opinion in the gold bull market!
You have also shown us by example how to control emotions and to remain rational so as not to screw things up.
I am wishing you the best in 2011 for health, happiness and prosperity to you and your family!
Your friend,
CIGA BT
Jim Sinclair’s Commentary
CIGA Giancarlo in Joberg observes "This is like a frog in hot water!"
Bolivians protest fuel price hike
Fri Dec 31, 2010 6:57AM
Thousands of demonstrators have taken to the streets across Bolivia to protest the recent jump in fuel prices in the country.
Protesters marched through the streets in capital La Paz and other cities across Bolivia on Thursday, demanding from the government of President Evo Morales to repeal the hike.
The demonstration in La Paz started peacefully but turned violent after police prevented protesters from entering the main plaza where the presidential palace is located, AP reported.
Petrol price could rise in January
December 29 2010 at 01:04pm
The price of petrol could increase by 25 cents a litre next week on Wednesday due to the rise in the international price of oil since November 26, the latest calculations issued by the state-owned Central Energy Fund released on Wednesday showed.
From December 1, the price of petrol at the coast was set at R8.21 a litre and the inland price was established at R8.45 a litre.
The next change to the local petrol prices will be made on Wednesday, January 5, and will be based on the average over or under recovery in the petrol price from November 26 to December 30.
Fuel price rise adds to inflationary pressure
15 Dec, 2010, 02.03PM IST,REUTERS
MUMBAI: Moves by state-run oil retailers to raise petrol prices and the possibility that diesel will increase too make the Reserve Bank of India’s (RBI) fight against inflation more difficult and piles more pressure onto a beleaguered government.
Indian Oil Corp , Bharat Petroleum and Hindustan Petroleum will raise petrol prices by about 5.6 per cent this week due to surging global crude prices. Shares in the companies rose early on Wednesday.
The Reserve Bank of India meets this week to review its monetary policy in the light of still high inflation.
Here Comes The Drama
CIGA Eric
BT,
Silver is clearly within a long-term secular up trend. This overrides any short-term technical targets. The silver ‘newbies’ entering the fray after an undisputed breakout will accelerate the trend. Acceleration implies y=x2 rather than y=mx+b. The addition of the crooked number next to the X will add drama for both sides of the trade.
The observation today, as it was months ago, is growing trend energy. This is illustrated by a dramatic surge in REV(E). A surge in REV(E) suggests accumulation. Markets that are under accumulation are difficult to control. This one is all about control.
Silver ETF (SLV): 
Regards,
Eric
Don’t Interpret Trend Noise
CIGA Eric
While experts interpret trend noise, they ignore the fact that cycles (TIME) anticipate price. The surge in trend energy, REV(E), suggests that yields on the long bond will continue rising when TIME is right.
30 Year Treasury Index Bear 3x ETF: 
Headline: Treasurys slip after unemployment, housing data
Treasury prices slipped a little further Thursday, pushing yields up, after reports showed fewer Americans filing for first-time jobless benefits than economists had forecast and pending home sales higher than predicted.
Analysts noted that most bond investors would treat the session as the last of the year, even though the market is open for a half-day Friday. That will mean a lot of position adjustments and so-called window dressing of portfolios for the end of the month and year, especially after wild swings this week, more than any meaningful indication of the how the data fit into investors’ longer-term outlook.
Source: marketwatch.com
Growing Signs of Hyperinflation
CIGA Eric
"Who is more foolish: the fool or the fool that follows him?"
Elimination of lower denomination coins and changing metal composition of coins are clear sign of hyperinflation across the globe. Yet, there is no shortage of experts warning the masses about the threat of deflation.
The threat of deflation is an illusion as the signs of hyperinflation are growing in size and frequency. The pain of monetary reality, however, prevents many from straying too from the comfort of the illusion.
Headline: Soaring metal prices ring death knell for 25p coins
The ubiquitous 25 paise coin will be history in six months’ time. Worried by the soaring metal prices, the government has decided to scrap all coins up to the denomination of 25 paise from June 30, 2011, making 50 paise the minimum denomination accepted in markets.
“From this date, these coins shall cease to be a legal tender for payment as well as on account. The minimum denomination coin acceptable for transaction will be 50 paise from that date,” said a finance ministry release on Thursday adding that the Reserve Bank of India will separately notify the procedure for calling in the coins.
Source: indianexpress.com
Public to Private Transition: Identify & Adapt
CIGA Eric
Identify and adapt or the markets will kick your ass in 2011.
Yet another transition from public to private sector (cycle) will catch many playing by the old rules.
Long-Term U.S. Corporate Bonds Total Return Index (LTCBTRI) to Long-Term U.S. Government Bonds Total Return Index (LTGBTRI): 
