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Dear Extended Family,
A quote from CIGA Eric today completely encapsulates what we are experiencing in the gold market:
This is a repeat of 2009 – actually even more extreme readings than 2009. We are severely oversold today. Anyone not buying here does not believe in the fundamental story. In my opinion, this will
Continue reading Market Violence Will Create Large Bear Trap
September 22, 2011, at 10:02 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
Operation Twist will not have any significant impact on unemployment and the present softening economy. It will set up a situation for which only QE has application. It is that fact that support gold’s bullish trend.
Will Chinese Twist Fight the Fed?
By TOM ORLIK SEPTEMBER 23, 2011
China doesn’t have
Continue reading In The News Today
September 22, 2011, at 12:11 pm by Monty Guild in the category Guild Investment | Print This Post | Email This Post
Europe’s Banking Swoon Gets Temporary Band-Aid
Last week, five important central banks offered one-time funding lines to large commercial banks. Why? Access to capital from money markets was drying up and liquid first aid was needed. The commercial banks were having a hard time borrowing dollars needed to repay loans in U.S. currency made
Continue reading Market Commentary From Monty Guild
September 22, 2011, at 12:06 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Capital Is Flowing Into Gold CIGA Eric
Capital flows set the direction of secular trends. Linear up trends have been broken to the upside in many if not all global currencies. In other words, capital is flowing in gold at increasing rates across the globe. This is something to remember when the short-term orientated
Continue reading Jim’s Mailbox
Dear CIGAs,
The key element in this statement is “significant downside risk to the economic outlook” followed by “introduction of operation Twist, an ineffective strategy that will lead back to QE.” This is basically pro-gold, anti-dollar regardless of how the market has reacted. That is an undeniable reality as the accordion shaped chop
Continue reading Fed Notes Significant Downside Risk To Economic Outlook
September 20, 2011, at 4:30 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
Gold is the Tier One, Basel or not.
LBMA campaigns for gold to be Tier 1 asset for banks under Basel III Posted on 20 September 2011
European central banks have become net buyers of gold for the first time in more than two decades, a significant sign that the role
Continue reading In The News Today
September 20, 2011, at 2:55 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
CIGA Las’ Commentary
Media keeps focus on Europe while the US financial system hides from comment.
America’s debt woe is worse than Greece’s By Laurence J. Kotlikoff, Special to CNN September 20, 2011 — Updated 1043 GMT (1843 HKT)
Boston, Massachussetts (CNN) — Our government is utterly broke. There are signs everywhere one looks.
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September 19, 2011, at 11:28 am by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
This is not new news to CIGAs.
Tom Stevenson: ETFs have potential to become the next toxic scandal Who says regulators are only good for slamming the barn door after the horse has bolted? By Tom Stevenson 3:45PM BST 17 Sep 2011
Back in April, the Financial Stability Board (FSB), an
Continue reading In The News Today
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