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Bond Market shrugs off S&P downgrade – Equities reel and Commodities get sold

The bond market has voted and given its assessment of the S&P downgrade of US long term debt – investors are not only willing to buy and hold US Treasury debt but they are willing to buy and hold that debt at even lower rates of interest than going into the downgrade. Risk is

Continue reading Bond Market shrugs off S&P downgrade – Equities reel and Commodities get sold

Things Will Get Worse

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

Continue reading Things Will Get Worse

Notes From the Underground

Dear Friends,

Remember the key number is $1,764

Today the ECB launched Quantitative Easing as we all know will go to infinity. Gold got a second kick up from the combination of Moody’s recognition that an A rating has little to do with municipalities that issued structured debt and QE to Infinity via the

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Brace for Impact

Dear Friends,

Please take time to read Greg Hunter’s latest posting on usawatchdog.com titled “Brace for Impact.” Jim Sinclair

By Greg Hunter’s USAWatchdog.com

“Brace for Impact.”  I have thought about this economic collapse title for months.  I held onto it and figured I would know when the right time was to put it out

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Here Little Piggies!

So true!

Jim

Jim Interviewed by James Turk at GATA Conference

My Dear Extended Family,

I had the pleasure of being interviewed by James Turk at this weekend’s GATA conference at the Savoy in London. With the subsequent development of the downgrade of US Treasury debt this interview is quite important.

You can access the interview via the following link: http://www.youtube.com/watch?feature=player_embedded&v=IF24atvNkSo

Respectfully,

Jim

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!

Past Reflections of Jim the New Reality in Gold

Jim,

I don’t expect you to post this, but I too found a way to use the video you sent me. Check out how I set it up.

Here’s the link: http://usawatchdog.com/global-stock-sell-off/

You are the MAN!!!!

Your friend,

Greg