In The News Today

Posted at 1:28 PM (CST) by & filed under In The News.

My Dear Extended Family,

This is the America that I loved. Thank you CIGA Blake (former fighter pilot) for sending it. It has made my Thanksgiving very special.

All CIGAs should see this on Thanksgiving Day.

God bless those Heroes.
God bless those Generals.
God bless that America

Respectfully,
Jim

 

Jim Sinclair’s Commentary

Nothing ever changes when it comes to people.

clip_image002[1]

Former President George W. Bush reportedly voted for Barack Obama accidentally today in Texas.

Bush stated the mistake was made because ‘everything was very mismaladjusted on the screen. You shouldn’t put the senators and the congresspeople and the presidents all jumbled together like that. It’s too crowded. Just confuses folks.‘

Jim Sinclair’s Commentary

What do you mean, Thanksgiving? I am the head of Jim’s security, and I want to see your pass, fast.

clip_image004[1]

 

Jim Sinclair’s Commentary

Who says tech is only for the now generation?

clip_image005

 

Jim Sinclair’s Commentary

Many believe that Warren Buffet has repudiated his Father’s counsel. No smart man would ever undertake such foolishness.

Berkshire Hathaway may well not be involved in gold. Warren Buffet may seek metals from the President. Clearly Warren Buffet is the very smart son or a very smart Father.

It is illogical to assume that the private investments of Warren Buffett and his family lack a serious position in gold. He is simply too smart to miss an already huge move with so much more to go.

Human Freedom Rests on Gold Redeemable Money
By HON. HOWARD BUFFETT U. S. Congressman from Nebraska

Reprinted from The Commercial and Financial Chronicle 5/6/48

Congressman Buffett stresses relation between money and freedom and contends without a redeemable currency, individual’s freedom to sustain himself or move his property is dependent on goodwill of politicians. Says paper money systems generally collapse and result in economic chaos. Points out gold standard would restrict government spending and give people greater power over public purse. Holds present is propitious time to restore gold standard.

Is there a connection between Human Freedom and A Gold Redeemable Money? At first glance it would seem that money belongs to the world of economics and human freedom to the political sphere.

But when you recall that one of the first moves by Lenin, Mussolini and Hitler was to outlaw individual ownership of gold, you begin to sense that there may be some connection between money, redeemable in gold, and the rare prize known as human liberty.

Also, when you find that Lenin declared and demonstrated that a sure way to overturn the existing social order and bring about communism was by printing press paper money, then again you are impressed with the possibility of a relationship between a gold-backed money and human freedom.

In that case then certainly you and I as Americans should know the connection. We must find it even if money is a difficult and tricky subject. I suppose that if most people were asked for their views on money the almost universal answer would be that they didn’t have enough of it.

In a free country the monetary unit rests upon a fixed foundation of gold or gold and silver independent of the ruling politicians. Our dollar was that kind of money before 1933. Under that system paper currency is redeemable for a certain weight of gold, at the free option and choice of the holder of paper money.

Redemption Right Insures Stability

That redemption right gives money a large degree of stability. The owner of such gold redeemable currency has economic independence. He can move around either within or without his country because his money holdings have accepted value anywhere.

More…

Jim Sinclair’s Commentary

Subjects most important to mature US citizen sheeple.

clip_image002

 

Jim Sinclair

Only while it works because it too is bankrupt considering obligations going out in time.

clip_image004

 

The Central Bank of the Russian Federation updated their website yesterday with their October data. It showed that their gold bullion holdings for the month increased by 100,000 troy ounces to 30.1 million ounces. Here’s what it looks like in Nick Laird’s most excellent chart.

clip_image006

More…

 

Jim Sinclair’s Commentary

Pictures are so much better than long articles in getting a point across. This illustrates the 99% trying to get the 1% to do all the work

clip_image007

 

Jim Sinclair’s Commentary

QE to infinity is set in cement because there is no other tool in anyone’s tool bag for what is occurring here and now.

More Americans Will Use Food Stamps For Thanksgiving This Year Than Ever Before
By Elizabeth Flock
November 20, 2012

More Americans will use food stamps to buy their Thanksgiving dinner this year than ever before, according to a new report from the nonprofit government watchdog group The Sunlight Foundation.

The Food Stamp Challenge, which challenges higher-income families to live as if they are on food stamps, estimates that a person on food stamps has a budget of about $1.25 per meal. In other words, a family on food stamps must buy an entire meal per person for less than the cost of an average cup of coffee.

Usage of food stamps among low and no-income families has spiked since the collapse of the U.S. financial system four years ago. According to the U.S. Department of Agriculture, average participation in the Supplemental Nutrition Assistance Program, or food stamp program, has increased 70 percent since 2007. And economists have warned that usage of food stamps won’t go down until unemployment improves.

This Thanksgiving, 42.2 million Americans will be on food stamps, according to the Economic Policy Institute. This is roughly the size of the populations of California and Connecticut combined.

More…

Jim Sinclair’s Commentary

Debka is rumored to be close to the Israeli intelligence services, but it is a view on what the truce means from that vision.

What A Truce Will Bring To Israel: Tied Hands, Hamas Unbowed

Jerusalem, Cairo and Gaza were all waiting for US Secretary of State Hillary Clinton to arrive Tuesday night, Nov. 20, for tying up the ends of a Gaza ceasefire accord. Until then, Israel held back from its approval and the Palestinians were hurling as many deadly missiles as they could.

DEBKAfile’s analysts say that by giving in to international pressure for a ceasefire, Israel’s leaders Prime Minister Binyamin Netanyahu, Defense Minister Ehud Barak, Foreign Minister Avigdor Lieberman would show they have failed to learn from their predecessors’ mistakes in ending the last two wars against terrorists inconclusively and prematurely.

After those wars, Israeli civilians were again thrust into the front line against missiles. In 2006, it was the population of northern Israel; in 2012, a million people living in southern Israel are in this intolerable predicament. And after Hamas’s rockets reached Tel Aviv and Jerusalem for this first time in this round of Palestinian missile aggression, the next round will no doubt spill over into the central Israeli heartland as well.

Tens of thousands of soldiers and reservists were meanwhile held on the Gaza border in suspense for a ground incursion. They stood there and watched as the missiles flew over their heads to explode in their towns and villages and in Cairo, the politicians wrangled over an early ceasefire.

Operation Pillar of Cloud was kicked off Nov. 14 with the targeted assassination of one of Israel’s most implacable enemies, Ahmed Jabari, commander of the Hama military wing, amid high hopes that this time it would be different. They were heartened by the IDF’s recovery of its legendary speed, precision and inventiveness and trusted the troops to finish the job left undone by Cast Lead in 2008.

More…