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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…

Jim’s Mailbox

Jim,

On Monday, Italy will auction up to $3 billion in 5-year notes. Think there’s any chance of a failed auction?

Like you said recently, this would all be funny if it wasn’t so sad.

Best regards, CIGA Black Swan

CIGA Black Swan,

It wasn’t public buying that took the Italian interest rate

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In The News Today

My Dear Extended Family,

Reading, considering and doing very little is no solution. Have you acted?

Are your securities in direct registration or in certificate form? Is your account at a brokerage house in securities under SIPC minimums?

If the answer is no to any of these questions, why not?

Regards, Jim

 

Jim

Continue reading In The News Today

Market Commentary From Monty Guild

It Ain’t Over Till It’s Over…And That’s Not Happening Soon

Don’t expect the current crisis of budgetary deficits and spending restraints to stop any time soon. Instead, think in these realistic terms: the era of fiscal restraint and spending limits has come, and will be with us for at least ten to twenty more

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Notes From Underground: Bini Smash Resigns From ECB Executive Board … What’s It All About?

Dear CIGAs,

There is much in what Yra has outlined tonight.

My take is that the only thing that will actually move Euroland to act is a crisis of full blown proportion. The longer they wait playing their ancient games the closer the full blown crisis is.

Notes From Underground: Bini Smash Resigns From

Continue reading Notes From Underground: Bini Smash Resigns From ECB Executive Board … What’s It All About?

In The News Today

Jim Sinclair’s Commentary

It’s Thursday and already we have a bank failure.

Bank Closing Information November 10, 2011

These links contain useful information for the customers and vendors of these closed banks.

Community Bank of Rockmart, Rockmart, GA

http://www.fdic.gov/

 

Jim Sinclair’s Commentary

The latest from John Williams’ ShadowStats.com.

- September Trade Data

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Jim’s Mailbox

Fannie Mae taps $7.8 billion from Treasury, loss widens CIGA Eric

This is old news, but depth of the money pit continues to shock even the most jaded observer. The credit machine behind housing is broken. The slow, seemingly endless decay in home prices reflects it.

U.S. Median Home Price (MHP) And MHP to

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In The News Today

Jim Sinclair’s Commentary

The answer is simple. Mostly in the US Fed vault in New York City.

Speculation and Rumors: The hunt for the treasure of the Bundesbank

The Hunt for the Treasure of the Bundesbank Germany is in possession of 3,400 tons of gold, the second-largest gold reserves

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