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In The News Today

“Jim Sinclair said the other day, “The drop at this time will in retrospect be seen as the foundation for gold trading not at $1,650, but rather at $5,000 an ounce.” –Wealth Daily

Dear CIGAs,

I am preparing to leave tomorrow for Tanzania and Oman. There is no departure whatsoever from what Wealth Daily

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Hourly Action In Gold From Trader Dan

Dear Friends,

The “Risk Off” trades returned once again today after disappearing yesterday. I am not sure what the actual event catalyst was but for whatever reason the US Dollar rallied very strongly today as the equity markets tanked and the commodities went down lower for the ride once again. Both gold and silver

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When Africa Calls

My Dear Friends,

Africa calls, so I am preparing to travel again. We have a management conference there as well as other important meetings.

The only people with more miles on them are astronauts.

I will not be out of communications, wherever I am. A net satellite phone and data source will attend to

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So You Thought The Sovereign Debt Crisis Was Over?

Dear CIGAs,

It has to be obvious that when I post articles I am in agreement with them or will comment accordingly.

Armstrong has given two important messages herein that I agree with:

1. He has defined currency induced cost push inflation in the condition of debt failure.

2. He indirectly makes the point

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In The News Today

Dear CIGAs,

Click image to enlarge today’s 30 Year Bond chart in PDF format.

 

Jim Sinclair’s Commentary

The Media would have you feel differently, but the Financial Times is telling you what I have been telling you since the euro media crisis started. They have given so much

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Jim’s Mailbox

"Evolution created the endocrine response that generated what’s known as the flight or flight response. Early humans often fled from thing they feared or did not understand. This great survival strategy allowed small hominids wandering Africa to evolve into modern Homo sapiens. Unfortunately, the evolutionary instinct works against any investment discipline. Knowledge is the

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Jim’s Mailbox

Dear Jim,

This is outrageous, but thanks to you we already knew this. QE to infinity no doubt! Stay tuned until the end when Sheila Bair says that this litigation can easily get out of control. She is proposing to buy out the plaintiff homeowners with federal money because it would be cheaper for

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North Mara A Unique Situation In Tanzania

Dear Friends,

The news concerning problems between the locals and its operators at North Mara is a problem that is unique to North Mara, Tanzania and has no implications to the business environment of Tanzania as a whole.

This is the second time it has occurred based on a business differences between the operators

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