|
|
Dear Trader Dan,
I am a reader of Jim’s newsletter… and go along with the general thinking about gold that I find there.
However this morning a newsletter from Nick Guarino came across my desk with more than alarming predictions. He is claiming ‘gold is trading near its all time record high and.soon the
Continue reading Trader Dan’s Mailbox
Dear CIGAs,
The G8 is yesterday. Brics are today. There is no desire or means to stop the hyperinflation on its way because of quantitative easing.
G8 Can’t Stop Future Inflation JUNE 14, 2009…3:22 AM
There are many mysteries to life. One of them is NOT how we got in this economic mess. Anyone
Continue reading In The News Today
Dear Friends,
I have been speaking with many people this evening who have taken gold delivery.
What I am hearing is not impressive.
For decades warehouses have held, but rarely delivered as compared to store.
When examined closely it is a paper system that may have fallen badly behind as gold moved ahead since
Continue reading Will Increased Delivery Demand Break The Gold Warehouses?
Hello Jim,
We’ve been getting a lot of calls from non-clients of Fort Wealth Trading asking about how they can get products held in COMEX warehouses delivered.
We’re finding out that some brokerages will not help with the delivery process or refuse to help even after the commissions are paid. I’d like to offer
Continue reading Assistance Getting Products From the Comex Warehouse Delivered
"The bravest are surely those who have the clearest vision of what is before them, glory and danger alike, and yet notwithstanding, go out to meet it." – Thucydides, 471 B.C.
Dear CIGAs,
We have come a long way thanks to our leaders of industry and financial paper shuffling.
‘A RECIPE FOR
Continue reading In The News Today
Jim,
George Soros calls CDS `Instruments of Destruction’ and adds they need to be outlawed.
Click here to view the video…
He says that bondholders with CDS like those of GM gets more benefits on bankruptcy than on reorganization. In his own words: " it is like buying insurance on someone else´s life and
Continue reading Jim’s Mailbox
Click chart to enlarge today’s hourly action in Gold in PDF format with commentary from Trader Dan Norcini
Dear Friends,
As we move into the later part of June, keep in mind that all the talk now about higher rates via lower long bonds got its start with Russia, China, Brazil, India and others interested in swapping dollar instruments for instruments denominated in a basket currency.
That is distinctly dollar negative going
Continue reading Remember Where It Started
|