Posts Categorized: In The News

In The News Today

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Jim Sinclair’s Commentary The risks of increased interest rates as “one and done” for the Fed remains extremely high. Sales Of New Homes Plunge By More Than 7 PercentSeptember 26, 2016 Sales of new homes retreated in August, one month after surging to the highest level in nearly nine years. Activity fell in all regions… Read more »

In The News Today

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Stockman was on fox business this [Saturday] morning Sounded somewhat panicked Says the whole market is held up by half a dozen robo machines When asked what he recommended to investors He said Get out Monday Jim Sinclair’s Commentary Mad men with the world’s future in their hands. No-Fly Zone Would ‘Require War With Syria… Read more »

In The News Today

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Unanswered Questions about Wells FargoSeptember 21, 2016 Wells Fargo has admitted to creating 1.5 million unauthorized retail bank accounts and 565,000 unauthorized credit applications. Speaking as the former Assistant Secretary of Housing – FHA Commissioner, my questions are: How many credit cards were issued to the phony account holders? How many auto loans were originated… Read more »

In The News Today

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As China prepares to announce their gold reserve amount by end of the month, debate over gold backed Yuan increases sharplySeptember 21, 2016 As part of their requirements to enter into the SDR basket of currencies in October, China will soon be revealing the quantity of their gold reserves sometime between now and Sept. 30…. Read more »

In The News Today

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Jim Sinclair’s Commentary Some how this picture and words do not instil much confidence that we can escape the “Zombie Market Apocalypse.” Markets do not exist anywhere but in cyberspace without demand below the last sale or supply above. Computers fights with each other for the putrid flesh that is still left in this virtual… Read more »

In The News Today

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Bill Holter’s Commentary It does make for a difficult conversation… ‘The best argument against democracy is a five-minute conversation with the average voter.’ Winston Churchill. (1874-1965). Hillary’s Health Records Released!

In The News Today

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Thousands Of Wells Fargo Employees Siphoned Funds From Their CustomersSeptember 14, 2016 9-11-16 L.A. City Attorney Mike Feuer announced a $185 million settlement reached with Wells Fargo after thousands of bank employees siphoned funds from their customers to open phony checking and savings accounts raking in millions in fraudulent fees. A chastened (sarcasm alert) Wells… Read more »

In The News Today

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Bill Holter’s Commentary Do they even have this much? Deutsche Bank Slapped With $14 Billion Fine By DOJ Over Mortgage ProbeSeptember 15, 2016 Blowback? Just a few weeks after the EU slapped Apple with a $14 billion bill for “back taxes,” the U.S. has apparently responded with a $14 billion fine of their own to… Read more »