How to protect yourself and even
profit from the ongoing meltdown
The Problem
Central Banks around the world are injecting huge amounts of money to provide liquidity for the imploding derivatives problem. This will inevitably lead to hyperinflation.

We are on the cusp of a mammoth financial crisis, and the Federal Reserve and the U.S. Treasury are trying to limit the liability of their banking friends under the guise of trying to help borrowers. At stake is nothing short of the continued existence of the U.S. banking system.
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a Solution?
The least you can do is read JSMINESET.COM daily for hot information and advice.

This site makes a strong case for investing in base metals and precious metals from well-managed companies using the royalty-income model, and free of short-of-gold derivatives and non-recourse loans.
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Our Advisors
No TV talking heads or government spin doctors here... but primarily the vastly experienced, knowledgeable, and always correct, Jim Sinclair.

“The day gold hit $887.50 I called a time out and told the kids the game was over. We spent that night selling physical everywhere it was traded, in each different form it was traded. We sold short 400 ounce bars to a Hong Kong teals against our futures positions. All my traders heard what I said and stayed that night, assisting us to bail out and in the process sold gold down over $100”
SORRY!  Most of you are too late...
  Welcome to the Peasant Class...
Last updated:  January 22, 2010

 

 

 

 

 

 

 

 

 

Credit Default Swaps

The hairiest of all the OTC derivative weapons of mass financial destruction

OTC Derivatives

Over The Counter Derivatives:
Over $1,000 Trillion in unsecured, unregulated, highly-leveraged, toxic, `risk` insurance.

Sub-prime Fraud

This easy-money disaster is just the tip of the iceberg.
Even AAA-rated companies may eventually be affected.

Now appearing on the horizon --- a `sub-prime` auto loans crisis

Interest Rates

Aug. 16, 2007(Bloomberg) -- William Poole, president of the St. Louis Federal Reserve Bank, said the subprime mortgage rout doesn`t threaten U.S. economic growth, and only a `calamity` would justify an interest-rate cut now.

Guess what dropped a few days later!

Crisis Charts

Crisis? There`s nothing the Fed can`t paper over.
BRING IT ON!

Central Banks

The creators of fiat money. The enemies of precious metals, in citizens’ hands of course.

China-Tanzania

China is negotiating to work Tanzanian Royalty Exploration Corp`s major nickel belt in Tanzania in exchange for royalties

C.P.I. Fraud

The fraudulent U.S. Consumer Price Index calculation conveniently ignores the cost of housing, energy and food, plus other absurdities.

Non-recourse Loans

Jim Sinclair explains the danger to junior gold/silver explorers who finance with non-recourse loans, as most do.

Credit-cards

The next bomb from this chain reaction of bailouts and blowups will be credit-card debt.

Hardly anybody is talking about it yet, but banks and consumers are laying the ground for a wave of credit-card defaults, bankruptcies and asset write-offs for 2009 or so.

Royalty Income

Tanzanian Royalty Exploration Corporation is a unique, publicly-traded, financial minerals exploration company whose business strategy is to develop royalty income under partnership arrangements from its world class gold, diamond and nickel assets in the Lake Victoria Greenstone and Kabanga/Kagera Nickel Belts of Tanzania.

Jim's Formula

Jim`s view of what causes an economic downward spiral.

Weimar Inflation

After World War 1 the Weimar Mark went into nothingness and the Weimar stock market went up sharply, then...

The SPP Amero?

North American Union currency?

Security and Prosperity Partnership of North America (SPP)

What`s going on here? Where there`s smoke there`s fire?

Foreign Policy

What exactly are the `best interests` of the U.S. and who benefits?

TIC Report

The Treasury International Capital Flows report may well be the most important report as a negative position would be worse than the end for the US dollar.

U.S. Dollar

`This is a very dangerous situation for the dollar,`  said Hans Redeker, currency chief at BNP Paribas.

Hedge Funds

Hubris, extreme leverage, and other people`s money.