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Jim’s Mailbox

Hi Jim,

The news just broke a few hours ago that Greece got its act together enough to keep the markets propped up for a while longer.

It would be nice if it lasts for more than 24 hours before the next bombshell.

Best regards, CIGA Black Swan

GLOBAL MARKETS-Euro steady, S&P futures up

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In The News Today

Jim Sinclair’s Commentary

This weekend’s bank failure number is sitting at two.

Bank Closing Information November 4, 2011 These links contain useful information for the customers and vendors of these closed banks.

SunFirst Bank, St. George, UT Mid City Bank, Omaha, NE

http://www.fdic.gov/

CME Group Clarifies Maintenance Margin Ratios – Exchange to Reduce Initial Margin Ratio to 1.00

Dear CIGAs,

The CME issued a clarification on their recent margin requirements release. They are LOWERING initial margin requirements down to maintenance levels to bring the ratio down to 1:1 and not the other way around of raising maintenance to initial margin requirements.

We can all relax now and go back to sleep while

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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

Jim Sinclair’s Commentary

John Williams’ must have www.ShawdowStats.com helps you balance the MOPE.

- Monthly Payroll and Unemployment Changes Were Not Statistically Meaningful – October Payroll Employment Not Only Was 6.5 Million Below the Pre-2007 Recession High, But Also Was 1.0 Million Below the Pre-2001 Recession High – October Unemployment: 9.1% (U.3), 16.2% (U.6),

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Market Commentary From Monty Guild

The Political Season Heats Up

U.S. presidential elections are a year away, while France and many other countries will be staging elections within the next twelve months. We can expect continued volatility as politicians around the globe say things to benefit their re-election chances which can have a negative impact on stock prices globally

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Jim’s Mailbox

Jobs growth disappoints, but jobless rate falls CIGA Eric

Statisticians appear to be using the birth/death model (BDM) to support job growth. It’s an old trick. The table below shows that the birth/death model contributed 61,000 jobs in October 2010. This contribution jumped to 102,000 jobs by October 2011. Monthly job growth for October

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In The News Today

Dear Extended Family,

Gold is headed now into the $2000s with extreme violence.

Regards, Jim

Jim Sinclair’s Commentary

It would be funny if it wasn’t so sad.

Greek PM scraps referendum on Greek debt plan

ATHENS, Greece (AP) — Two officials close to the Greek prime minister say he has scrapped his plan

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