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February 25, 2009, at 5:58 pm by Greg Hunter in the category Greg Hunter | Print This Post | Email This Post
Dear CIGAs,
My wife and I were out to lunch with a friend of ours and she asked me ,” When is the economy going to get better?” If you saw Fed Chairman Ben Bernanke’s testimony in the Senate yesterday, the answer is 2010. Of course that answer came with big caveats such as
Continue reading Hard Right Turn
Dear CIGAs,
Gold has now switched gears once again and instead of following the Dollar up and down, after of course having moved mostly inversely to it for the larger part of the entire bull market in gold, seems to be trading inversely to the US equity markets. In other words, stocks go up,
Continue reading Hourly Action In Gold From Trader Dan
Dear CIGAs,
In case you missed seeing it at the end of Monty’s market commentary today:
"REMINDER, FOR A LIMITED TIME…
For no charge, as a service to our readers, we will be happy to examine your current investment portfolio, and explain how we might restructure it to meet your needs for income and
Continue reading Two Items Worthy Of Your Attention
Dear CIGAs,
A FORMER FEDERAL RESERVE CHAIRMAN AND CURRENT ADVISOR TO PRESIDENT OBAMA SPEAKS…
In a speech in Toronto last week, former Fed Chairman Paul Volcker discussed the world’s economic and banking system woes. In our opinion, Mr. Volcker’s insights are a must-read, especially in the current environment.
Playing to an audience that
Continue reading Market Commentary From Monty Guild
February 24, 2009, at 7:17 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear Friends,
Nothing has changed in the last 12 hours.
The Chairman of the Fed is speaking.
Tonight President Obama gives a major address, that is if major means to be concluded by the time involved to deliver it.
The equity market is in a deep oversold condition so a rally is not hard
Continue reading In The News Today
February 24, 2009, at 5:30 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Hi Jim,
The so-called "uptick rule" or "tick test" was implemented in the 1930s after the stock market crash to ensure short sellers were not alone in causing a stock price to fall.
Until a change is made the most leverage market will control price.
CIGA Eric
Dear Eric,
What makes anyone think
Continue reading Jim’s Mailbox
Dear CIGAs,
After having to listen to the long-winded Senator from Connecticut, also known as “Senator What-a-Deal I got on my Home Mortgage”, pontificating on the current economic meltdown as he chaired Fed Chairman Bernanke’s Senate hearing, I am surprised that the DOW is only trading near 7,000 instead of 4,000 and that gold
Continue reading Hourly Action In Gold From Trader Dan
February 24, 2009, at 10:00 am by Jim Sinclair in the category In The News | Print This Post | Email This Post
Comex Gold Delivery:
The Comex loves to inform people that they will need to have their gold re-assayed by the Comex in order to sell it if withdrawn from the COMEX vault.
Hogwash.
Call Mr. Arthur Blumenthal at Stacks in New York at 212-582-2580 or visit them at http://www.stacks.com to set up your
Continue reading In The News Today
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