|
|
|
  
|
October 23, 2011, at 10:32 am
by Jim Sinclair in the category Jim's Mailbox |  Print This Post |  Email This PostDear CIGAs, Over the past 12 weeks, between July 22, 2011, and October 14, 2011, the FDIC closed 25 banks, bringing to 80 this year’s total. All together, these 25 banks had reported assets of $10.77 billion and deposits of $9.37 billion. Their failures cost the FDIC an estimated $2.05 billion, about 22% the Continue reading Jim’s Mailbox October 22, 2011, at 10:55 pm
by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary Euroland has never looked less able to manage themselves than they do tonight. The single currency is close to collapse With Europe on the brink of a disaster, the euro must be reconstituted as an entity based on economic reality, not ideological folly. By Telegraph View 7:49PM BST 21 Continue reading In The News Today October 22, 2011, at 9:46 am
by Jim Sinclair in the category In The News | Print This Post | Email This PostJim Sinclair’s Commentary Euroland bombs one more time on handling their terminal debt problem. $11 billion to Greece borders on stand up comedy.
Jim Sinclair’s Commentary Every additional step forward in trading gold, be it size of kind, and denominating gold in Yuan is an advance for both currencies. Renminbi Kilobar – Another Continue reading In The News Today October 21, 2011, at 3:43 pm
by David Duval in the category General Editorial | Print This Post | Email This PostDear Jim, This sure sounds like a “trial balloon” for another round of Quantitative Easing. The gold market will explode if they go for it in my opinion. David D Fed’s Yellen: QE3 May Be Warranted By Scott Lanman and Jennifer Oldham – Oct 21, 2011 11:57 AM PT Federal Reserve Vice Chairman Janet Continue reading Federal Reserve Vice Chairman Lends Support to QE3 October 21, 2011, at 7:45 am
by Jim Sinclair in the category In The News | Print This Post | Email This PostJim Sinclair’s Commentary The implication here is that the banks will not as easily be able to sneak out from under the obligations of the failed mortgage backed security derivatives as had been anticipated. Federal Judge Grabs Bank Of America’s $8.5 Billion Settlement Nathan Vardi, Forbes Staff A federal judge ruled on Wednesday Continue reading In The News Today October 21, 2011, at 7:42 am
by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This PostDear James, It looks like the South African Mining stocks are ready to skyrocket: http://profitimes.com/free-articles/gold-silver-miners-technicals Kind regards, CIGA Willem www.profitimes.com
Dear Jim, In the following article, Fed officials are quoted making statements that open wide the door to more Quantitative Easing through “large-scale purchases of additional mortgage-backed securities.” Sincerely yours, CIGA Richard Continue reading Jim’s Mailbox October 20, 2011, at 11:04 pm
by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This PostGerman Bund sale undersubscribed as risky assets rise CIGA Eric Centralized governments, also known as debt junkies, are having trouble getting their fix. Short term trend changes US Treasuries and US Dollar confirm it. U.S. Dollar ETF U.S. Treasury Bond ETF The wolfpack, already wreacking havoc in Europe, will turn on the Continue reading Jim’s Mailbox October 20, 2011, at 9:36 am
by David Duval in the category General Editorial | Print This Post | Email This PostHere’s some interesting commentary from Nassim Taleb, author of “The Black Swan,” regarding the Wall Street Protest and the exorbitant salaries bankers are making at the expense of the American taxpayer. http://www.bloomberg.com/video/78027552/ |
 |
|