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July 19, 2011, at 8:14 pm
by Jim Sinclair in the category In The News |  Print This Post |  Email This PostJim Sinclair’s Commentary This is unavoidable. Moody’s Now Threatening Downgrade on 5 U.S. States By Alexander Schachtel July 19 2011 Ratings agency Moody’s (NYSE:MCO), which in recent weeks has warned that it will downgrade its AAA on the debt of the United States Federal Government, has now issued a new slate of threats to Continue reading In The News Today July 19, 2011, at 2:20 pm
by Jim Sinclair in the category General Editorial | Print This Post | Email This PostDear CIGAs, Here is more of the same old, same old. Of course there will be a deficit deal. A US default will not occur as long as the Fed has a printing press. The Deficit deal will not in any way be a cure for the debt problem. Gold will take out $1600 Continue reading Same Old, Same Old… July 19, 2011, at 12:44 pm
by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This PostWelcome to the Great Recession (Jungle) CIGA Eric Welcome To The Jungle defined by excessive debt, endless quantitative easing, and lower standard of livings. Civilian Unemployment Rate Headline: Cisco to cut workforce by 11,500 Cisco Systems (CSCO.O) plans to cut its workforce by 11,500 employees as part of its plan to cut annual expenses Continue reading Jim’s Mailbox July 18, 2011, at 1:48 pm
by Jim Sinclair in the category General Editorial | Print This Post | Email This PostMy Dear Friends, Here are the magnets. The key number is neither $1600 or $1650. The number is $1764. Regards, Jim July 18, 2011, at 11:21 am
by Jim Sinclair in the category In The News | Print This Post | Email This PostForeigners net sellers of U.S. assets in May: Tsy By Steven C. Johnson NEW YORK | Mon Jul 18, 2011 10:26am EDT (Reuters) - Foreigners were net sellers of U.S. assets in May for the first time in 11 months as the prospect of persistently low U.S. interest rates spurred a hunt for higher returns elsewhere, Continue reading In The News Today July 18, 2011, at 11:20 am
by Greg Hunter in the category USAWatchdog.com | Print This Post | Email This PostFrom Greg Hunter’s USAWatchdog.com Dear CIGAs, Last week, in testimony on Capitol Hill, Fed Chief Ben Bernanke said, “The pace of the economic recovery will pick up.” As far as the weak economy is concerned, Mr. Bernanke also said there would be, “a notably better performance than we have seen so far this year.” Continue reading The Only Thing You Can Count On July 18, 2011, at 11:18 am
by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This PostJim Sinclair’s Commentary CIGA Morrow makes a very good point that we all must consider: “$1600 looks to me like the Gold Vigilante has struck. This vigilante is however LONG. Hedge Funds and Institutions could swallow gold between $1000 and $1500 but not one penny over $1600. The Message of a close above $1600 Continue reading Jim’s Mailbox July 16, 2011, at 3:35 pm
by Dan Norcini in the category King World News, Trader Dan Norcini | Print This Post | Email This PostDear 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… |
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