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Robo-Signing Banks Not Off Hook

By Greg Hunter’s USAWatchdog.com

Dear CIGAs,

Last week, this story from Reuters really got me upset.  The headline read: “States negotiating immunity for banks over foreclosures.”  The story said, “A coalition of all 50 states’ attorneys general has been negotiating settlements with five of the biggest U.S. banks that would include payment of up

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In The News Today

 

Jim Sinclair’s Commentary

Here is a bridge to nowhere

California Seeks $5B ’Bridge’ Loan to Pay Bills By Michael B. Marois – Jul 25, 2011 9:00 PM MT

California will borrow $5 billion today through a temporary loan as U.S. states make plans to cope with any credit-market disruption should lawmakers fail

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Gold Only Functional Hedge Against Downgrade Of Treasuries

Dear Extended Family,

There is no functional hedge against the downgrade of US Treasuries that is sure to come with or without a default except gold.

The cat is out of the bag. The political opposition can back the present administration into a corner on the most important issue, debt.

If that is the

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Jim’s Mailbox

No Real Estate Rebound Until 2034 CIGA Eric

While the housing market will see periods and ebb and flow, it won’t rebound until 2034. By then, the Fed paper will be a distant memory of analysis that underestimated supply and credit damage.

Months Months Supply of New One-Family Houses for Sale And Change YOY

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In The News Today

Jim Sinclair’s Commentary

This prediction is much too bullish.

No US home building rebound until 2014 – Fed paper CHICAGO, July 25 | Mon Jul 25, 2011 1:00pm EDT

(Reuters) – U.S. home building likely won’t return to normal levels until 2014, and then only if housing prices rebound and foreclosures drop sharply, research

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Running Out Of Runway

Greg Hunter’s USAWatchdog.com

Dear CIGAs,

It looks like even the mainstream media (MSM) can see a calamity if we are right on top of one.  Finally, the dire debt ceiling negotiations between Congress and the White House were covered wall-to-wall on all the major media outlets yesterday.   No comment better describes the frightful situation

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In The News Today

Jim Sinclair’s Commentary

Three this weekend.

July 22, 2011 These links contain useful information for the customers and vendors of these closed banks.

Bank of Choice, Greeley, CO LandMark Bank of Florida, Sarasota, FL Southshore Community Bank, Apollo Beach, FL

http://www.fdic.gov/

 

Jim Sinclair’s Commentary

It is unthinkable that there will be a

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KWN Weekly Metals Wrap

Dear CIGAs,

Please click the link below to listen to this week’s metals wrap up from King World News, featuring our very own Trader Dan Norcini.

Click here to listen to the weekly metals wrap up…

 

I want to make a brief clarification of a comment I made in regards to "limits" on

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