HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: US dollar and the DOW
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US dollar and the DOW

posted on Jan 24, 2008 11:36AM

Jim Sinclair’s Commenatary

  • Whatever economically needs to be done will be done in order to keep the DJII at or return it to 12,000.
  • There will be no limits to Fiscal Stimulation
  • There will be no minimum target for interest rates at the Fed.
  • Whatever level that is in their mind required, even zero bound, will occur.
  • All of this is because the meltdown of the $450 trillion dollar mountain of over the counter derivatives will be resisted with no thought to the consequences.
  • Because the Fed and the Treasury really believe that perception is and makes economics, the Dow level is more important than any other economic statistic.

 

I believe he is right

  • The President's Working Committee on Markets (PPT) did one hell of a job, but the consequences will take the US dollar to hell in a hand basket
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