You are welcome milo3! I was reading the TF Metals Report and there was a link to a short letter Jim Sinclair put out and the tone of his letter was a tone I have never heard from Jim. I was waiting anxiously for the interview to be released and it was a bit bone chilling. Every thing he says makes perfect sense and it now I see just how convenient it is that the US markets act according to what Europe does or does not do. That is a very large number of derivatives that these 5 big banks hold and there may be only a few outcomes, ugly and uglier. Jim does sound quit concerned here and rightfully so. Every American should have some concern and prepare accordingly for what Jim says will be worse than 08. I can surely see it happen and even though I don't think the end of the world is coming, this could be very very painful for many! Be cautious and stay aware!
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