Viewing articles by Jim Sinclair

Posted by & filed under General Editorial.

Dear CIGAs, To sum up today: Once again the exact economic actions that caused former market bubbles, today’s credit crisis (that is made up of massive legal financial fabrications) and enormous injections of US dollars into the world monetary system by the Fed (Helicopter Drop) were taken. The FASB has once again allowed egregious financial… Read more »

Posted by & filed under General Editorial.

Dear CIGAs, I am in shock. the American Banker’s Association is not satisfied. They want to go back to “computer model only” valuation for market-less OTC derivatives which have been and will continue to be a total cartoon. FASB gave them back an enormous break by allowing significant fabrication of values and still that is… Read more »

Posted by & filed under Jim's Mailbox.

Jim, Click here to listen to a song on the current economic crisis. Regards, CIGA JB Slear Jim, Jim Rogers said the next to come is an “inflationary holocaust.” This was taped last week. The salient comment, past half way into his interview, dovetails what you often have written about. The agreement you have is… Read more »

Posted by & filed under General Editorial.

Dear CIGAs, Wrong financial targeting produces zero results after the first flush of glee and high fiving. Who is going to guarantee the Federal paper of bankrupt nations? After Lehman, what banks are going to have faith in the government guarantee of all and everything? You can make the public happy, but fellows, it is… Read more »

Posted by & filed under General Editorial.

Dear Jim, You said that FASB, under significant pressure, would trade away years of their long and well earned reputation this weekend by more than likely supporting value to maturity – another title for accounting bullshit. Will this change everything? Your friend, The Green Hornet Mr Dear Old (me not you) Friend, The value of… Read more »

Posted by & filed under General Editorial.

Dear Friends, According to news reports, the G7 on one weekend of mutual understanding will restructure the entire world monetary system and make the present consequences of more than one quadrillion one thousand one hundred forty-four trillion dollars of notional value rotten garbage go away. A few of the characteristics of the problem that will… Read more »

Posted by & filed under General Editorial.

Thoughts for the Day: The expectation for dramatic action by the G7 are extremely high. The options available to the G7 however are quite limited. The consequences of all the limited options available to the G7 will create a modern day worldwide Weimar Republic. The generally accepted theory that Europe will suffer worse than the… Read more »

Posted by & filed under General Editorial.

Dear Friends, Stay the course or jump directly into the fire! That’s the soundest advice I can give you in this highly volatile market period. I told you that you would see volatility in gold beyond your wildest imagination. That statement usually went along with my warning that by margining anything gold you were putting… Read more »