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October 4, 2011, at 6:03 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
QE to infinity.
Bernanke Says Economic Recovery Close to Faltering By MARTIN CRUTSINGER AP Economics Writer WASHINGTON October 4, 2011 (AP)
Federal Reserve Chairman Ben Bernanke says the economic recovery "is close to faltering" and the central bank is prepared to take further steps to support it.
The economy is growing
Continue reading In The News Today
Recovery "close to faltering", Fed could act CIGA Eric
The Fed will act again. Bernanke appears to be listening to the message of the market. A growing list of negative divergences of key intermarket relationships relative to equity prices, new lows unconfirmed by stock prices, illustrates decaying global economic growth.
Copper to Aluminum Ratio:
Continue reading Jim’s Mailbox
Dear CIGAs,
Here are some words from Master Kenny:
“If December does NOT correct with lower closes over the next one or two days, but instead closes above $1695 over the next several days, then our figures would consider this corrective action as finished – albeit the normal back and forth widening action to
Continue reading Words From Master Kenny
October 3, 2011, at 11:22 am by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
Consider each example like this a gold upgrade as currency.
More physical gold to serve as collateral: CME Oct. 3, 2011, 2:43 p.m. EDT By Myra P. Saefong
SAN FRANCISCO (MarketWatch) — CME Group said its customers will be able to post more physical gold as performance bond collateral, raising the
Continue reading In The News Today
By Greg hunter’s USAWatchdog.com
Dear CIGAs,
I keep hammering away at the fact the Fed doled out $16 trillion in the wake of the credit crisis of 2008. This is an enormous sum that is greater than the all goods and services produced in the U.S. in a single year. Domestic banks and companies
Continue reading Four Biggest Banks In America Have Huge Leverage
Hi Jim,
This is good news for gold mining companies.
All the best, CIGA Omid
Qatari wealth fund plans $10bn gold buying spree The Qatari Royal family plans to spend up to $10bn (£6.4bn) buying stakes in gold producers through their sovereign wealth fund, The Daily Telegraph can disclose. By Garry White 10:30PM
Continue reading Jim’s Mailbox
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…
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