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International Energy Association To Sell Crude Oil From Government Stockpiles
Today, the U.S. and IEA decided to sell 60 million barrels of oil over the next month, supposedly to make up for the 1.5 million barrels a day that was produced by Libya.
This is a political maneuver which will have a short term
Continue reading Market Commentary From Monty Guild
Dear Extended Family,
Today’s markets are exactly what you would expect as we enter illustration number three of the Skier.
Economic statistics are taking a hard fall.
Without QE who will buy US treasury issues? Without QE where is the basis of world equity markets? Without QE what do you think the chart
Continue reading Stand Strong
Jim Sinclair’s Commentary
Or a reason why Greece will be papered over.
Hi Jim,
The New York Times came out with this article today regarding the unknown derivative exposure of unnamed banks in the event of a Greek default.
It sounds like we all need to fasten our seat belts and put on our
Continue reading Jim’s Mailbox
Jim Sinclair’s Commentary
If you do not like what an Index is saying then the economic cure is to change the Index?
Trader Dan’s Commentary
Our nation is frickin’ doomed. These dishonest and unethical bastards will do anything to keep the illusion alive.
This is nothing but government sanctioned theft of senior
Continue reading In The News Today
Dear Jim,
The following article illustrates the point you have made repeatedly, that financial institutions will never allow lawsuits involving allegations of fraud over their sales of over-the-counter “OTC” Derivatives go to trial.
The transparent Manipulation of Perspective Economics (“MOPE”) that we see in this report is the statement,
Continue reading Jim’s Mailbox
Russia to Reduce U.S. Debt Holdings
NEW YORK (TheStreet) — A top Russian economic official says his country is likely to continue decreasing the share of its portfolio that consists of U.S. debt, according to a published media report.
"The share of our portfolio in U.S. instruments has gone down and probably will go
Continue reading In The News Today
Jim,
We live in interesting times. The people of Greece, Ireland, Iceland and Finland to name a few have categorically voted no to the bailout of euro banks by the people of those countries. Yet the powers that be say the ordinary working people of those countries must pay for the mistakes of their
Continue reading Jim’s Mailbox
Dear CIGAs,
Today KingWorldNews.com has a special interview featuring your very own Jim Sinclair and Trader Dan Norcini. The topics of discussion cover hedge fund short selling and the manipulation of mining shares.
Click here to listen to the interview…
Eric King KingWorldNews.com
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