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Dear CIGAs,
Monty and Tony are perfectly correct. Not one ounce of IMF gold will ever see the cash market. It will, as in the 70s when the IMF sold gold, provide an ability for gold poor, dollar rich central banks to strengthen their position and very large players to enter the market at
Continue reading Market Commentary From Monty Guild
Jim Sinclair’s Commentary
This weekend I assured you that “Pay to Play” was key to the majority of pension fund money now decimated by the players.
The failure of pension funds and the misdeeds to get the money under management is going to drive pensioners and all those that planned some day to
Continue reading In The News Today
Dear CIGAs,
Safe haven buying returned to gold this morning as swooning equity markets and fears about the financial condition of the big banks sent money flowing into the precious metals complex and the bond market. Gold ignored the strength in the Dollar and the sharp drop in crude
Continue reading Hourly Action In Gold From Trader Dan
Hi Jim,
Thank you for all you do for us. I’d like to make this comment.
There is a fundamental shift that needs to take place in the psychology of all CIGAs.
We have all been raised on the get money quick on credit, have it tomorrow, microwave monetary system. This is the toxicity
Continue reading Jim’s Mailbox
April 19, 2009, at 10:19 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear CIGAs,
1. The real number is in excess of US $1.4 quadrillion notional value. The method of valuation was changed to hold to maturity, a cartoon.
2. Notional value becomes full value upon bankruptcy.
3. It is already melting down.
4. The chances of this happening soon are reasonably good as
Continue reading In The News Today
My Dear Friends,
No one takes pleasure in seeing what has been the great now struggling to remain above water. The most patriotic thing we can do is to recognize what it is and deal with it. That is why I have been trying so hard to transfer whatever knowledge I have been exposed
Continue reading Jim’s Mailbox
April 17, 2009, at 8:03 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear CIGAs,
For those who understand, when under attack emulate the courage, dedication, determination and willpower of Jean de La Valette.
Then you welcome the great opportunity to perform for those who depend on you.
Jim Sinclair’s Commentary
The FASB boost spoken about today’s financials was an earnings impact of $500 million that would
Continue reading In The News Today
Dear CIGAs,
Increased selling pressure hit the gold market during today’s session as the broken neckline support level that had been serving to hold prices from moving lower finally gave way overnight. While the equity markets were not soaring higher, neither were they giving up much of their gains from yesterday. That too served
Continue reading Hourly Action In Gold From Trader Dan
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