In The News Today

Posted at 3:17 PM (CST) by & filed under In The News.

Dear Friends,

The following are all international shippers of precious metals. I hope to have answers for you soon on costs and procedures for shipping Comex bars to Zurich Airport Free Zone depository.

Do you ever get the feeling that the Comex today is giving you the High One and the Bronx cheer?

Nobody accepts that we can act as one.

* The Brink’s Company
* Loomis, Fargo & Co.
* Dunbar Armored, Inc.
* Blackwater Worldwide
* Garda Cash Logistics
* Brink’s, Incorporated
* United Armored Services
* Prosegur Compañía de Seguridad, S.A.
* Rochester Armored Car Company, Inc.

Regards,
Jim

Jim Sinclair’s Commentary

Good timing?

Brazil selling 100 missiles to Pakistan

BRASILIA, Brazil (AP) — Brazil’s defense minister says his nation is selling 100 aircraft-borne missiles to Pakistan.

Brazilian officials approved the euro85 million ($107 million) sale of the missiles, which can be installed on jets and used to take out radar installations.

Brazilian news media say Brazil’s air force negotiated the sale with Pakistan’s government. The deal needed the approval of Brazil’s trade ministry, which signed off on the deal on Tuesday.

The Brazilian arms maker Mectron will make the missiles.

Brazil has been trying to bolster its defense industry, which was the largest in the developing world 20 years ago. The industry has struggled since the end of the Cold War.

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