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EU Bailout—Don’t Worry Be Happy

By Greg Hunter’s USAWatchdog.com

Dear CIGAs,

It doesn’t seem that anyone is worried much about another enormous bailout to stabilize the world financial system that kicked off last week.  According to one top European banker, many of the biggest banks there are insolvent.  The problem is so large that the European Central Bank along

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Jim’s Mailbox

Moody’s stays negative on states, local governments CIGA Eric

The risk of default at the state and local level is real and largely ignored by mainstream media. American history is riddled with numerous examples of municipal default.

Headline: Moody’s stays negative on states, local governments

(Reuters) – Even though the recession officially ended more

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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…

In The News Today

Dear Extended Family,

I am back in Dar for a working early weekend, and then returning to Connecticut.

It is like old days here in that I may well be traveling much more often doing exciting things.

You see that we here never forget you when traveling.

It looks like Kenny has nailed this

Continue reading In The News Today

Gold, Opportunity Of A Lifetime

Quoting Jim Sinclair: “Gold stocks are the utilities of the future.”

Dear CIGAs,

Few would dispute that the twelve year (and still counting) bull market in gold has been the opportunity of this investment lifetime. Even fewer have participated. From its 20 year bear market low in August of 1999, bullion has appreciated

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Jim’s Mailbox

Dear Eric,

This will lead to more guarantees of QE to infinity.

Cautious consumers pull back on retail spending CIGA Eric

I find no disagreement with the headline below. The downward acceleration of gold adjusted retail sales suggests trying times ahead not only for the US households but also economy. Consumption, representing over 70%

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Notes From Underground: The Use of Swap Lines …HMMMM

Dear CIGAs,

After Secretary Geithner told the CNBC audience that he was going to Poland as an observer of the ECOFIN meeting on Friday, it seems he changed his mind. U.S. policymakers have woken up to the fact that the European credit crisis is the real deal and risks sending the entire global financial

Continue reading Notes From Underground: The Use of Swap Lines …HMMMM

In The News Today

Jim Sinclair’s Commentary

Words from Master Kenny:

"If gold does hold and bottom from this current support level of 1770 / 1790 – at this point in time, the very near term positive bias just now emerging, may very quickly return to its longer term bull much sooner than many expected."

Jim Sinclair’s

Continue reading In The News Today