TrimTabs: "No Amount Of QE Will Be Able To Keep The Current Stock Market Bubble From Bursting"

 

Observations On The Latest Debt "Inflection Point", And Why Bernanke Has At Most 5 Months In Which To Announce QE3

 

Jim’s Mailbox

Posted: Jan 01 2011     By: Jim Sinclair      Post Edited: January 1, 2011 at 7:39 pm
Filed under: Jim's Mailbox

Jim Sinclair’s Commentary

CIGA GC says "Just in case you have been paying your fuel bills with a credit card, look what is happening. It is currency induced cost push inflation stirring like magma under the Earth’s tender crust, about to blow up in the face of the clueless financial TV talking heads and hostesses."
Click here to view Gasoline and Fuel Price Update charts…



Fuel price rise adds to inflationary pressure 15 Dec, 2010, 02.03PM IST,REUTERS

MUMBAI: Moves by state-run oil retailers to raise petrol prices and the possibility that diesel will increase too make the Reserve Bank of India’s (RBI) fight against inflation more difficult and piles more pressure onto a beleaguered government.
Indian Oil Corp , Bharat Petroleum and Hindustan Petroleum will raise petrol prices by about 5.6 per cent this week due to surging global crude prices. Shares in the companies rose early on Wednesday.
The Reserve Bank of India meets this week to review its monetary policy in the light of still high inflation.
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Petrol price could rise in January 

December 29 2010 at 01:04pm
The price of petrol could increase by 25 cents a litre next week on Wednesday due to the rise in the international price of oil since November 26, the latest calculations issued by the state-owned Central Energy Fund released on Wednesday showed.
From December 1, the price of petrol at the coast was set at R8.21 a litre and the inland price was established at R8.45 a litre.
The next change to the local petrol prices will be made on Wednesday, January 5, and will be based on the average over or under recovery in the petrol price from November 26 to December 30.
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Connected Money Will Reposition As OPM Does the Heavy Lifting 

CIGA Eric

While the US and its monetary supports continue whistling past the graveyard in regards to the U.S. dollar (US Dollar Seen Rising In 2011 After 2010) their headline rhetoric continues to obscure reality.
The upside breach of the short-term downtrend in WA (see chart below) implies a resumption of the downtrend. Connected money, done beating the grass to startle the snakes – particularily the impressionable retail snakes, will begin repositioning as other people’s money (OPM) does the heavy lifting during the markdown phase.
U.S. Dollar Index and the Commercial Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest
Retail money, heavily influenced by the constant grass beating of the media despite the obvious trend, finds itself on the wrong side of the trade, again!
U.S. Dollar Index and the NonreportableTraders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest
There are no coincidences in this business.
Headline: Gold Rises to Record Closing Price on Haven Demand, Sovereign-Debt Concern
“Gold has done so well this year because government activity indicates record deficits, low interest rates and an obvious lack of fiscal discipline,” said Tom Winmill, who manages the Midas Fund in New York. “The U.S. monetary policy will lead to a devaluation in the dollar, and all eyes are focused on the next default in the European community.”
Source: bloomberg.com
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