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Hourly Action In Gold From Trader Dan

Dear CIGAs,

Once again gold scored brand new record all time highs when priced in both Euro terms and British Pound terms at the PM Fix. Euro gold was fixed at €740.094 while BP gold was set at 663.746. Canadian Dollar priced gold notched another all time high yesterday over 1,170 and is on

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The Foehn That Hit Gold

My Dear Extended Family,

There is a wind that blows down from the Alps into Basel, Switzerland known as the Foehn. It is reputed to cause mass hysteria and madness much like the full moon in Salem.

Barbara and I lived in Basel when we were kids with kids and I was an investment

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In The News Today

Dear CIGAs,

This shall be.

Jim Sinclair: Gold will appreciate to $1224 and then to $1650. All this will be history by January 14th 2011

Alf Fields:  Major ONE up from $256 to $1,015 (actually 4 times the $255 low);  Major TWO down from $1015 to $699, say $700 (a decline of 31%);  Major

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Jim’s Mailbox

Dear Jim,

Here is a visual guide to the financial bailout.

Click here to open the file…

Respectfully Yours,

Monty Guild www.GuildInvestment.com

Hi Jim,

The good news is that the trade deficit is shrinking. The bad news is that the trade deficit is shrinking (in a country with structural deficits).  The charts below illustrate

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Hourly Action In Gold From Trader Dan

Dear CIGAs,

Hats off to the longs who finally showed some mettle and refused to be stampeded out by the efforts of the bullion banks to keep gold bottled up under the $920 level. As trading opened in New York, sellers showed up near and above $920 and pushed the market back down below

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In The News Today

Jim Sinclair’s Commentary

This and all these will be met as infinitum. The die is cast and there is no turning back. Hyperinflation is in the cards and soon.

Fannie, Freddie Funding Needs May Pass $200 Billion, FHFA Says By Dawn Kopecki

Feb. 10 (Bloomberg) — Fannie Mae and Freddie Mac, the

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Jim’s Mailbox

Hi Jim,

Regarding the Gary Ackerman Video:

That video is unbelievable. The system is corrupt to the core. The American people know it. They will not stand for this much longer. I am willing to go out on a limb and say to you that people will stop paying their mortgages, loans and their

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Sense and Sensibility In Gold

Dear Friends,

Do you really think selling gold shares is wise?

Maybe you should review Sinclair/Alf /Armstrong below.

Need overcomes greed anytime. That is law.

Investor selling here and now seems to me to be immensely foolish. The deluge of calls this afternoon and evening is severely disappointing.

Decisions should be made from your

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