SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canadian Warrants Only

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: onepath who wrote (4034)5/1/2008 5:58:02 PM
From: calgarylady  Read Replies (2) of 23102
 
Did you see this posted today on Jim's site?

Posted On: Thursday, May 01, 2008, 11:22:00 AM EST

A Special Alert Regarding Pensions
Author: Jim Sinclair

Dear CIGAs,

I received a very important call from a steel worker who just received a DEFICIENCY NOTICE from his pension plan. I understand that the Teamsters Union has sent out the same notice to its members.

I would like to add another item that needs to be attended to. Those of you that have the ability to withdraw from your pension plans do so immediately, hopefully at the last stated value as many of these entities are up to their nose in SIVs and multiple other forms of derivatives.

What a mess. Nothing has changed.

This type of a situation will help to increase the Federal Budget Deficit, putting more weight on the US dollar. What happens to the US dollar happens to gold inversely.



Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext