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Intellectuals solve problems; geniuses prevent them. –Albert Einstein

 

Jim Sinclair’s Commentary

So much for the bliss over the skewed employment figures.

Bernanke: Joblessness Understates Weakness By Craig Torres and Josh Zumbrun – Feb 7, 2012 11:03 AM PT

Federal Reserve Chairman Ben S. Bernanke said the 8.3 percent rate of unemployment

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In The News Today

Dear CIGAs,

The spin on the employment figures is reaching spiritual levels.

The dollar’s gain is on the airwaves but there is no mention of today’s range.

The USDX at .80 to .82 is a barrier of formidable strength. So is 79.645.

 

 

Jim Sinclair’s Commentary

The question is akin

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In The News Today

Jim Sinclair’s Commentary

Employment statistics as taught by the two revered classical economists, Abbott and Costello. Courtesy of CIGA Lew

COSTELLO: I want to talk about the unemployment rate in America. ABBOTT: Good Subject. Terrible Times. It’s 8.3%. COSTELLO: That many people are out of work? ABBOTT: No, that’s 16%. COSTELLO: You just said

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In The News Today

 

Jim Sinclair’s Commentary

QE to infinity for sure. AIG, City and The Squid cross the 200 day MA on the upside.

God bless liquidity.

 

Jim Sinclair’s Commentary

Here is the latest from John Williams’ www.ShadowStats.com.

- Basic Economic Outlook Unaltered by Stronger Labor Data – January Jobs Reading Still at Levels

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In The News Today

 

Jim Sinclair’s Commentary

QE to infinity.

Planned layoffs surge in January: Challenger NEW YORK | Thu Feb 2, 2012 9:48am EST

(Reuters) – The number of planned layoffs at U.S. firms surged in January to its highest level in four months as retailers and financial firms cut jobs, a report on Thursday

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Jim Sinclair’s Commentary

Economic War regardless of the rationalization

Wegelin clients pulled $4 bln, prompting sale-paper Sun Jan 29, 2012 7:58am EST

ZURICH, Jan 29 (Reuters) – The break-up of Switzerland’s oldest bank Wegelin, involved in a row with U.S. authorities over tax cheats, became necessary when clients pulled 4

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Jim Sinclair’s Commentary

Harry and I discussing the gold market.

Jim Sinclair’s Commentary

Words this hard could indicate actions soon.

Israel warns time is running out before it launches strike on Iran Growing body of opinion suggests that Iranian response to an attack would be muted Saturday 28 January 2012 Kim Sengupta

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