Print or Die... I hope you are prepared...

The West has absolutely no choice now... but to print money to Infinity, and try to kick the can down the road a little further...(Read Jim's mailbox)
As they print money (QE 3,4,5,6,7,8,9,) prices will have to rise, and will set-off Hyperinflation...

Please take time to read and study this free e-book on Weimar Hyperinflation...

Weimar hyperinflation "When Money Dies" PDF file

Jim’s Mailbox

Posted: Nov 20 2010     By: Jim Sinclair      Post Edited: November 20, 2010 at 9:33 pm
Filed under: Jim's Mailbox

Dear Jim,
This is quite alarming noted from the data contained below.  It’s clearly evident why you are saying that QE to infinity is the only way to go for the Fed even though it is technically "wrong". The alternative is a total implosion of the economy NOW.
Regards,
CIGA Marc

“Starting December 1 thru April 2011, approximately 4.6 million unemployed workers will begin rolling off of the Federal emergency unemployment compensation and extended benefits programs. If congress does not extend the program, instead of receiving up to 99 weeks of benefits, the unemployed will only be eligible for the standard 26 weeks of benefits. About 200,000 workers will fall out of the programs each week while new job growth will be lucky to exceed 100,000 per month. By the time all the Federal EUC/EB benefits expire, the total will amount to an annualized hit to personal income of $70 billion."

Dear CIGA Marc,

QE is not correct, but the alternative would be immediate, apocalyptic and terminal.

Jim Sinclair

Time-Lapse Video Of Food Stamp Participation Rates During The "New Normal"

In The News Today

Posted: Nov 20 2010     By: Jim Sinclair      Post Edited: November 20, 2010 at 9:37 pm
Filed under: In The News

Jim Sinclair’s Commentary
Three so far this week.

Bank Closing Information – November 19, 2010
These links contain useful information for the customers and vendors of these closed banks.
First Banking Center, Burlington, WI
Allegiance Bank of North America, Bala Cynwyd, PA
Gulf State Community Bank, Carrabelle, FL

http://www.fdic.gov/



Jim Sinclair’s Commentary

Incapacity due to gridlock is now the definition of Washington’s ability to handle a second banking crisis that is certain to come. This is the "why" of QE even though it is itself a guarantee of hyperinflation.
The entire pressure will be on the Fed who possesses no other alternative. At this time the application of austerity is more dangerous.
The entire Western world will go with QE to infinity no matter what the call is or how they camouflage it. Gold will trade at $1650 and beyond.

Washington’s efforts can been seen in the red circle.

Price suppression coming undone, Turk tells King World News

 

Schiff interview with GATA's Douglas covers sale of imaginary gold

Submitted by cpowell on Sat, 2010-11-20 16:04. Section: Daily Dispatches 11a ET Saturday, November 20, 2010
Dear Friend of GATA and Gold (and Silver):
GATA board member Adrian Douglas' interview on investment fund manager Peter Schiff's Internet radio show yesterday covered the massive sale of imaginary gold -- the fractional-reserve gold banking system -- and ran about 16 minutes, and you can listen to it at the Schiff Radio Internet site here:
http://schiffradio.com/pg/jsp/charts/audioMaster.jsp?dispid=301&pid=5116...



International Forecaster November 2010 (#6) - Gold, Silver, Economy + More
By: Bob Chapman, The International Forecaster



The Madness of Inflating Away the Debt Burden
By: Richard Daughty, The Mogambo Guru

JPMorgan Private Bank On The "Quixotic" End To Europe's Latest (Failed) Grand Experiment

 

Guest Post: Currency Wars And The Fed’s Demise

 

Are Expert Networks About To Be Exposed As The Ringleader In The Biggest Insider Trading Bust In History?

 

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