Viewing articles by Jim Sinclair

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 »

Posted by & filed under General Editorial.

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 »

Posted by & filed under General Editorial.

Dear Friends, Please understand that the Fed reacts to circumstances rather than acting before potential problems happen. If the Fed hadn’t taken the rather strange action they took today by becoming OTC derivative dealers themselves this would have been the day the USA banking system imploded. Watch Libor rates to signal the point of detonation…. Read more »

Posted by & filed under General Editorial.

Dear CIGAs, Gold is the ultimate currency when others fail as a store house of values. Gold has no liability attached to it. Gold is universally fungible. Gold is an appreciating asset on the balance sheets of central banks.. Gold will trade at $1200 and $1650. Of course gold bottomed on its first break from… Read more »

Posted by & filed under Jim's Mailbox.

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Posted by & filed under General Editorial.

Jim Sinclair’s Commentary Read this as OTC derivatives kill more and more. Another Fund Heavily Used by Schools Is Frozen By JOHN HECHINGER in Boston and CRAIG KARMIN in New York A second investment fund offered by investment adviser Commonfund froze most withdrawals this week, posing possible financial strains for the 200 colleges and schools… Read more »

Posted by & filed under General Editorial.

Dear International Friends, Maybe you should consider a visit to your local bank for their abbreviated Saturday hours.. What do you have to lose? That all depends on how much you have deposited there… I have no doubt that $1650 will come. My concern is not that it will not happen, but that I am… Read more »