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Dear CIGAs,
Recent headlines coming out of the financial world have been jaw dropping. Here are a few: US faces same problems as Greece, says Bank of England (The Telegraph), World markets rattled by Goldman fraud (The Economic Times), Goldman Sachs faces criminal investigation (Guardian UK), Government Probe into Wall Street Sales Widening
Continue reading Is The Financial System Corrupt?
Dear CIGAs,
In the early days of coal mining, canaries acted as a warning that odorless poisonous gas was present. If there was a dangerous gas build-up, the canary would be the first to keel over. You can use the “canary in a coal mine” metaphor to describe the situation in today’s financial
Continue reading The Canary is Dead
Dear CIGAs,
Pick a financial fire and you can be sure the U.S. government will hose it down with gallons of money. AIG, General Motors, Chrysler, insolvent states, FDIC, Fannie, Freddie and all the banks are just a few of the blazes Uncle Sam has sprayed money on.
Now, the Federal Reserve is printing
Continue reading Inflation and Bailouts Go Hand in Hand
April 19, 2010, at 9:28 pm by Greg Hunter in the category Greg Hunter | Print This Post | Email This Post
Jim Sinclair’s Commentary
When the litigation ball gets rolling one loss can take down the house.
Dear CIGAs,
Goldman Sachs was charged with fraud last week by the Securities and Exchange Commission. The investment bank says the charges are “unfounded in law and fact.” Regulators allege “Goldman wrongly permitted a client that was betting
Continue reading Fraud, It’s Much Bigger Than Goldman Sachs
April 16, 2010, at 12:24 pm by Greg Hunter in the category Greg Hunter | Print This Post | Email This Post
Dear CIGAs,
Earlier this week, Fed Chief Ben Bernanke told Congress to basically raise taxes and cut the federal budget. The inference was, if Congress doesn’t get its financial house in order, it will be their fault if the economy tanks. Here is how Bernanke actually said it, “. . . Maintaining the confidence
Continue reading Bernanke Scolds Congress/Keeps Bailouts Details Secret
April 9, 2010, at 10:06 pm by Greg Hunter in the category Greg Hunter | Print This Post | Email This Post
I heard Jim Cramer of CNBC say last night people are“ignoring the good news.” I say when it comes to the mainstream media, just the opposite is happening. The folks at the financial news networks are especially good at ignoring the bad news even though they should know better.
For example, we
Continue reading Ignoring the Good News?
April 7, 2010, at 2:04 pm by Greg Hunter in the category Greg Hunter | Print This Post | Email This Post
Dear CIGAs,
If you compare the U.S. economy to the Titanic disaster, we are at about same point in time as that famous ship was after it struck the iceberg. Instead of a band playing on deck as the vessel took on water, we Americans have the equivalent of an IMAX theater, complete
Continue reading IMAX On The Titanic
March 17, 2010, at 4:16 pm by Greg Hunter in the category Greg Hunter | Print This Post | Email This Post
Jim Sinclair’s Commentary
Greg Hunter has written an article critical in its content for the CIGA senior citizens and those to enter this category in the next 10 years.
Tomorrow Is Here Today 17 MARCH 2010 By Greg Hunter
In December of 1997, the National Center for Policy Analysis ran this headline on
Continue reading Tomorrow Is Here Today
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