Posts Categorized: Jim’s Mailbox

Jim’s Mailbox

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Hi Jim, Even the UN is now predicting that the next financial crisis is imminent. In the UN’s Annual Report by the Conference on Trade and Development published yesterday (see attached), they stated: “There remains a risk of deflationary spirals in which capital flight, currency devaluations and collapsing asset prices would stymie growth and shrink… Read more »

Jim’s Mailbox

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Jim/Bill, I’m not going to burden you, or myself, with fact checks as we all read the same daily missives from the Mainstream Media. I’ve decided to alter, hard as it may be, my habitual focus on minute by minute attention to breaking news items and price changes regarding the domestic and global economies. My… Read more »

Jim’s Mailbox

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Jim/Bill, Imagine adding 2+2 and coming up with minus 6. That’s what it amounts to. The Fed and Bureau of Labor Stats are crooked as hell, and don’t even attempt to hide it!!  Trump is right…reign in the Fed. No wonder trillions in the budget go missing or unaccounted for.  When you don’t know how… Read more »

Jim’s Mailbox

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Jim/Bill, Common sense and basic principles are anachronisms. You can’t rely on your educational learnings. Applying them to today’s manipulated markets is suicide. Things really are different this time. Looking back at Weimar Germany, the smart money moved their holdings offshore to more stable currencies like the UK Sterling or US Dollar. Fortunes were made… Read more »

Jim’s Mailbox

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Dear Jim, In its 100 year history, the Fed has NEVER reduced the size of its balance sheet. They ARE NOT GOING TO TIGHTEN. Talk is all they have left, so every time we have a Fed meeting on the schedule, the tired old rumors of a possible rate hike get trotted out again. The… Read more »

Jim’s Mailbox

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That was fast. Yesterday I told you how a consortium of 15 Japanese banks had just signed up to implement new financial technology to clear and settle international financial transactions. This is a huge step. Right now, most international financial transactions must pass through the US banking system’s network of correspondent accounts. This gives the… Read more »

Jim’s Mailbox

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Jim/Bill, In days like today, where gold is trashed on the paper Comex, I keep my wits about me by always relying on my definition of gold: It functions as a mirror for 2 things- -a gauge of fear in the marketplace. -a measure of confidence in all things finance, including but not limited to… Read more »