by Jim Sinclair, JS Mineset:
It is clear why Chairman Bernanke has not expressed enthusiasm about being reappointed as Chairman. In this meltdown of all meltdowns, he has accomplished keeping depositors free from loss or confiscation and temporarily plugged the hole in the OTC derivative meltdown phenomena. Both of these apparently are no longer possible.
The fever of activity by monetary authorities internationally would indicate that some financial flood gate is straining.
There is one thing you need to know, and one thing only. Get out of the system or financially perish. The worst of your problems is solved by your ethical and legal exit from the system while you still can. This is why I am holding these meeting internationally, not because I like to give up my time or add onto the traveling that is demanded of me.