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Dear CIGAs,
Gold appears to have run into resistance near the $920 level which is blocking its upward path for now. Since we know that the funds are purely technical traders and have been buying, both adding new longs and for those who were short, getting out by covering, while open interest has been
Continue reading Hourly Action In Gold From Trader Dan
Dear Friends,
They say this is impossible and will never happen in the West. The transition however is clear and common to all experiences of hyperinflation – a currency event whose foundation is in the sand of weakening confidence.
Money:
First is a contract
Continue reading The Journey To Honest Money
January 27, 2009, at 1:42 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Folks,
Mr. Sinclair often communicates in something I refer to as "Sinclair speak." He’s telling us quite a bit below. First, gold will re-enter the monetary system. Second, the implementation of the mechanism to accomplish this will result in STABILIZING the gold price at a new higher level… there will be no "crash." Finally,
Continue reading Jim’s Mailbox
Dear CIGAs,
The next two magnets for Gold above $887.50 are the following:
1. $1060 2. $1245
January 26, 2009, at 4:29 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Hey Jim,
There is a turn in energy around the corner. The Oil Service Index (OSX) to Airline Stock Index (XAL) ratio appears to have bottomed and is nearing a technical buy signal on the monthly time frame. Watch money flows into the Cando to confirm the move.
CIGA Eric
Jim Sinclair’s Commentary
Continue reading Jim’s Mailbox
Texas will return to College Station next weekend for the Big 12 vs. SEC meet, where the Aggie faithful might be more willing to cheer for the Longhorns.
“I know the crowd, as much as they want us to win, they want Texas to lose,” said Texas A&M sprinter "Justin Oliver," who won the
Continue reading The Shorts Are On The Run
Dear CIGAs,
Another day, another brand new all-time high in gold priced in terms of the British Pound and in Euros. Euro gold indeed looks like it has a legitimate shot at the 700 level while Sterling gold has taken out the 650 level. Euro gold was set at 691.627 at the PM Fix.
Continue reading Hourly Action In Gold From Trader Dan
Dear CIGAs,
The day in 2009 that insolvency comes in the planetary form, you can be sure of only one thing: You will not know it.
Your government, whomever they are, will keep the collapse a total secret until you are completely wiped out by hyper-inflation and/or insolvency of your retirement plan.
You cannot
Continue reading Not Worthy Of The Truth
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