Viewing articles by Jim Sinclair

Posted by & filed under General Editorial.

Dear CIGAs, Today’s gold news is the shutting down of gold coin production by most International mints. They quote this as a reaction to the extreme demand for gold coins. They also stated that by not issuing gold coins it will bring the price of gold down. That is ridiculous reasoning as small gold demand… Read more »

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Jim Sinclair’s Commentary This means a massive loss of confidence in more paper assets. U.S. Mutual Fund Withdrawals a Record as Investors Choose Banks By Sree Vidya Bhaktavatsalam Oct. 9 (Bloomberg) — Investors pulled a record $72 billion from U.S.-managed stock and bond mutual funds in September, seeking the safety of government-insured bank deposits as… Read more »

Posted by & filed under Jim's Mailbox.

Dear CIGAs, Today is no different from yesterday. This thing remains “Out of Control” Today’s so called new initiatives was not an intervention as it was proposed before as part of the 6 prior interventions. Equity markets are saying, “We saw that one before.” Gold is a paper play as part of trying to make… Read more »

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Dear Friends, The Big Gun was rolled out today. The equity market had steadied from its recent drastic action and Paulson picked up the baton and ran with it. He is considered to be the best public speaker of the Money Men. The Bloomberg ladies were in total glee as the market was up about… Read more »

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Dear CIGAs, Here is intervention #5 which happens to also be bomb #5 Fed, major central banks slash rates More moves expected in effort to stabilize financial system By William L. Watts, MarketWatch Last update: 10:11 a.m. EDT Oct. 8, 2008 WASHINGTON (MarketWatch) — The U.S. Federal Reserve and other major central banks moved in… Read more »

Posted by & filed under Jim's Mailbox.

Hello Jim, Have you ever heard the discussion about Comex defaulting on Gold? Would you be able to share your opinion on the topic? The questions are being brought up on CNBC. A video on the story is below Regards, CIGA JB Slear Click here to view the video Dear JB, There was a time… Read more »

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Control |kənˈtrōl| noun 1 the power to influence or direct people’s behavior or the course of events : the whole operation is under the control of a production manager | the situation was slipping out of her control. • the ability to manage a machine or other moving object : he lost control of his… Read more »

Posted by & filed under General Editorial.

Dear CIGAs, Today the Fed entered the off balance sheet credit default market and plans to buy unsecured debt instruments in order to cure the problems caused by off balance sheet credit default derivative buying in the form of non-performing failed counterparty credit default derivatives. This appropriately named toxic paper will be purchased to an… Read more »