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In The News Today

Dear CIGAs,

Regarding Gold and the Chinese increase in lending rates:

The key factor in gold has been the dollar and will continue as such.

The increase is not dollar positive, therefore do not concern yourself.

Gold is money.

 

Jim Sinclair’s Commentary

China does what is good for China but meaningless towards currency

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Jim’s Mailbox

Jim,

China has been fully hedged against the humpty dumpty dollar for quite some time as the spending sprees continue.

CIGA BJS

Dear BJS

Yes, they have no dollar risk whatsoever but the average imbecile on financial TV has no clue.

Regards, Jim

Venezuela signs US$40-bln worth pacts with Chinese oil giants Updated: 2010-12-07

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In The News Today

 

Jim Sinclair’s Commentary

This fellow is going to go to jail for life based on a warrant for primary school truancy 40 years ago.

Norwegian Paper Obtains WikiLeaks Cable Haul By NAT WORDEN DECEMBER 23, 2010, 6:29 P.M. ET

NEW YORK (Dow Jones)–A Norwegian newspaper in possession of WikiLeaks’ entire trove of

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Jim’s Mailbox

Ever wonder why the experts talk so much? CIGA Eric

Trading operations are certainly not limited to the Euro. Ever wonder why the ‘experts’ talk so much? The path to higher long-term interest rates will not be a straight line trend.

US TBd (20 Years +) and the Nonreportable Traders COT Futures and Options

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In The News Today

Jim Sinclair’s Commentary

John Williams of ShadowStats.com as compared to the glee of many talking heads for 2011.

- Automobile Orders Sink for Fourth Month – Annualized GDP Growth at 2.6%, GDI Growth at 1.1% – Housing Crisis Appears to Be Intensifying – Year-to-Year Decline in Home Sales Is Meaningful Even after Netting out

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Jim’s Mailbox

Muni Bond Crisis May Be Similar to Euro Zone: Strategist CIGA Eric

Not may be but rather is similar. Aside from the currency that denominates the debt and the accounting tricks used to hide the insolvency, the bond crisis in the US Union is the same as the Euro Zone.

A crisis in the

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Trader Dan Comments On Today’s Commodity Market Action

Dear Friends,

Observing the price action in the commodity markets today has given me great reason for concern for that which I feared seems to have occurred, namely, the crude oil market has broken out to the upside. I suppose it was just a matter of time based on the orgy of fund buying

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In The News Today

Jim Sinclair’s Commentary

If you haven’t already, make sure you subscribe to John Williams’ excellent commentary.

- Actual 2010 Annual GAAP Deficit in $5 Trillion Range – "Uncertain" Impact of Health Care Law Roils the Accounting – No U.S. Guarantee behind Fannie Mae and Freddie Mac? www.shadowstats.com

Jim Sinclair’s Commentary

There is a

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