Below are comments from Jim Sinclair. His comments make good sense to me. I am staying put. The economic news just gets worse and worse for the US dollar and we are led to believe with this week's "fake antics" that we are to cash out of commodities and jump into dollars. As per Jim's comments below I AM THINKING OF CIT AND CAPMARK!

Dear Friends,

I would suggest that a dollar rally, lower euro and gold is more than just good luck with option expirations and the largest of all US Treasury auctions this week.

Think CIT and Capmark before you listen to suggestions of curtailment of QE or increased central bank interest rates in excess of other major currencies.

Regards,
Jim

Jim Sinclair’s Commentary

(GMAC LLC, the commercial credit arm of GMAC Credit under its new name and independence CAPMARK declared Bankruptcy yesterday).

Jim Sinclair’s Commentary

Stop QE and everything will all come falling down including the US dollar in an amazing flop.