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In The News Today

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

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Jim’s Mailbox

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:

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Words From Master Kenny

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

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In The News Today

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

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Four Biggest Banks In America Have Huge Leverage

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

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Jim’s Mailbox

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

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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…