Friday, November 19, 2010

Marc Faber: "China And The US Are On A Collision Course", Sees 10% Real Inflation In China

 

Posted: Nov 19 2010     By: Jim Sinclair      Post Edited: November 19, 2010 at 10:43 am
Filed under: General Editorial, King World News
Dear CIGAs,
With gold heading higher today, King World News interviewed legendary trader Jim Sinclair.  When asked about the action in gold Sinclair stated, “We have to be right in front of a major move in gold.  Today the gold market had all of the indications of what would be considered by the old-time traders (Bert Seligman & Jesse Livermore) as a major turn.  This would be a sign to them that the bulls are gaining strength in the market, and given any excuse it will rise violently.”
Click here to listen to Jim’s latest interview with Eric King of KingWorldNews.com

 

Fed Monetizes $24 Million Of 30 Year Bond Issued Last Week

 

Atlantic Capital Management Explains Why QE2 Is A Hail Mary Throw Toward The Wrong Endzone

 

Guest Post: As Things Fell Apart, Nobody Paid Much Attention

 

Guest Post: Making The Last Use Of Reserve Currency Status 

 

  • Cowen Scorned as Irish Mourn Loss of Sovereignty With Bailout (Bloomberg)
  • Irish Bailout May Unleash Vigilantes on Portugal (Bloomberg)
  • Spain and Portugal rule out rescue packages (FT)... until they rule them in
  • Hong Kong Said to Plan New Property Curbs; Stocks Decline (Bloomberg)
  • Andy Kessler: What's Really Behind Bernanke's Easing? (WSJ)
  • In Shanghai, prices fly high (Reuters)
  • Heat Stays on California $10 Billion Note Offering (WSJ)
  • Special report on SAC's "information arbitrage" strategies  (Reuters)
  • Pimco Said to Seek $1 Billion to Buy Troubled Assets From Banks (Bloomberg)


Goldman's Take On Bernanke's Defense

 

$53,957 in Circulation for Every Ounce of Gold


The horrible truth starts to dawn on Europe's leaders.


Why the Irish Crisis is Going Global.


The World Shorts the Dollar


The title should read...Socialists run out of other peoples money to spend ...
Euro Zone Anger at Germany Boils Over  



Let them eat cheese: Irish government hands out block of cheddar to every family.


Fed's Second Round of QE Draws New Fire in Open Letter from Economists


Ireland Has Lost Sovereignty - Now Owed By EU

 
Ireland Told:  Take EU Bailout or Trigger Crisis


Contagion Hits Portugal as Ireland Dithers on Rescue


Foreclosure Class Actions Pile Up Against Banks


Report:  Foreclosure Mess Could Threaten Banks

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