Archive for the Tag 'Bernanke'

Posted by on March 01st 2012

Yesterday’s $100 Gold Drop Explained By Jim Sinclair

Great explanation of the hammering gold took today by Jim Sinclair. US pases funds to IMF, IMF to ECB, ECB to European banks. Global QE. See full interview here.

Posted by on June 14th 2011

Might the Fed try something different than QE3

Yra Harris, a former Jim Sinclair business partner, had an interesting piece out on what the Fed may do next. He references a speech Bernanke did on Japan’s situation in 2000 and how he is likely open to trying many different options. This leads Yra to speculate that the Fed may not do a formal [...]

Posted by on April 29th 2011

Gold and Silver Update (Apr 29th, 2011)

Gold It was a very impressive day for gold, closing at yet a new all time high of $1563 up $32.20 on the day. The Dec 2016 contract finished at $1808.10 up a similar magnitude of $26.60. The jump today reminds me of comments by John Embry that has expected significant volatility where we’ll see [...]

Posted by on April 06th 2011

Bernanke being called out by Gold

Gold calling out Bernanke Given the continuing increase in gold overnight, currently down a bit to $1458, it would seem gold has decided to call out Bernanke on his plans.  There seems to be a growing fear in the markets and gold it taking some serious potshots at Bernanke.  T-Bills haven’t been seriously affected yet [...]