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Things Will Get Worse

Posted by Jim Sinclair on August 8, 2011 @ 7:14 pm in General Editorial

Dear Friends,

CIGA John Williams notes the following:

- Dollar Debasement Accelerates Dangerously
- U .S. Rating Downgrade Will Have Unhappy Ripple Effects
- QE3 Likely Will Be Indicated This Week
- Payroll and Unemployment Improvements Were Not Statistically Meaningful
- July Unemployment Rates: 9.1% (U.3), 16.1% (U.6), 22.7% (SGS)
- Broad Money Supply Increased in July

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