|
|
|
  
|
July 22, 2011, at 6:35 pm
by Jim Sinclair in the category In The News |  Print This Post |  Email This PostDebt Ceiling Talks Collapse as Boehner Walks Out By CARL HULSE and JACKIE CALMES Published: July 22, 2011 WASHINGTON — Negotiations over a broad deficit reduction plan broke down in acrimony Friday after House Speaker John A. Boehner suddenly broke off talks with President Obama, raising the risk of an economy-shaking default. The Continue reading In The News Today July 21, 2011, at 4:30 pm
by Jim Sinclair in the category In The News | Print This Post | Email This PostDear CIGAs, Sometimes it pays to get away from it all so you can see clearly.
Jim Sinclair’s Commentary At every point the problem will be papered over until paper loses all it relative value to gold. That is the basis that will challenge $1764. Euro Leaders Clinch 109 Billion Euro Greek Continue reading In The News Today July 21, 2011, at 4:28 pm
by Monty Guild in the category Guild Investment | Print This Post | Email This PostMore Fuel for the Gold Rush of 2011 Summertime, history tells us, is wobble time for gold. It weakens in value. Not so this summer. Moreover, gold usually drops in value when the dollar rises. Not so now. Since May 1, gold is up 2.58% percent even as the dollar has risen Continue reading Market Commentary From Monty Guild July 21, 2011, at 11:58 am
by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This PostControlled Steps CIGA Eric The loss of upward momentum in the stocks to gold stocks ratio suggests another down step is coming. Gold stocks will outperform equities once the power up trend breaks. U.S. Large Cap Stocks Capital Appreciation Index (LCSCAI); S&P 500 to S&P Gold Ratio (GPM)*: * S&P Gold from 1945, Barron’s Continue reading Jim’s Mailbox July 20, 2011, at 3:06 pm
by Dan Norcini in the category Trader Dan Norcini | Print This Post | Email This PostDear CIGAs, Quite a battle royale is being waged at the current time in the gold market. The bullion banks are digging in at and above the $1600 level while buyers are digging in just above the $1580 level where a new support level is emerging. The victory will be to whichever side refuses Continue reading Sellers Dig In Yesterday – Buyers Dig In Today July 20, 2011, at 1:20 pm
by Jim Sinclair in the category General Editorial | Print This Post | Email This PostMy Dear Friends, The idea that an increase in the debt ceiling is a solution to anything is nonsense. The event would be simply a can kick forward for a very short period of time. Increasing debt is not a solution to a debt problem. It actually makes the problem worse It is an Continue reading Raising The Debt Ceiling Does Not Fix The Problem July 20, 2011, at 1:15 pm
by Jim Sinclair in the category In The News | Print This Post | Email This PostJim Sinclair’s Commentary John Williams’ www.ShadowStats.com is a must have service. John keeps us totally informed of what really is happening out there. Commentary No. 380: June Housing Starts and Existing Home Sales, Liquidity, GDP Outlook - Housing Starts Boosted by Apartment Starts – Existing Home Sales Suffer From Liquidity Crunch – Solvency Continue reading In The News Today July 20, 2011, at 1:07 pm
by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This PostDear CIGAs, Over the past six weeks, between June 3, 2011, and July 15, 2011, the FDIC closed 11 more banks. All together, these 11 banks had reported assets of $3.17 billion and deposits of $2.95 billion. Their failures cost the FDIC an estimated $906 million, about 31% of the value of the insured Continue reading Jim’s Mailbox |
 |
|