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RECENT CHINA TRIP SUMMARIZED
An analyst friend and I recently took a trip to China. Although I had been to China many times, I particularly enjoyed the trip because it was my friend’s first visit. Seeing it though his eyes I re-experienced some of the wonder of the enormous current and future success that
Continue reading Market Commentary From Monty Guild
Dear CIGAs,
The rather surprising existing homes sales number combined with “not as bad as feared” earnings from some major firms, was enough to send risk appetite into the stratosphere this morning as the Japanese Yen had the stuffing beaten out of it. That set up hot money flows back into equities and particularly
Continue reading Hourly Action In Gold From Trader Dan
Dear CIGAs,
You will hear a great deal this week concerning the ease with which the Fed can exit itself from the enormous explosion in their balance sheet to over two trillion dollars.
This will be classic MOPE to be gleefully received by the Money Bunnies and Dancing Clowns on financial TV. I
Continue reading Why The Fed Cannot Drain The Enormous Amount of Liquidity Injected Nationally and Internationally
Dear CIGAs,
It is not if, nor when, nor is it beckoning, but is the fact of present time. In the Fiscal sense the West is already ruined, will stay ruined and will not recover to even a part of its formal greatness. Asia is on the rise and Africa will benefit from their
Continue reading In The News Today
Dear CIGAs,
From my vantage point, the big story of the day is the action in the copper market which soared through its high of this year and pulled gold and silver along with it even in the face of a weaker crude oil market and collapsing grain prices.
Copper is moving higher in
Continue reading Hourly Action In Gold From Trader Dan
Dear Friends,
This is the real thing.
Gold is going for its third try against $1000 which will after minor work fall as gold moves on to $1224.
If you are not protected you are about to lose the opportunity to protect yourself.
May God and Gold help us.
Respectfully yours, Jim
Jim,
CIT announced that "it might still be headed for bankruptcy court if it is unable to get enough support for a tender offer for notes that mature next month."
The President and CIO of Fifth Third Asset Management said, "We think every day the odds of bankruptcy are substantially higher… They are fighting
Continue reading Jim’s Mailbox
The democracy will cease to exist when you take away from those who are willing to work and give to those who would not. –Thomas Jefferson
Dear CIGAs,
I would like to close today before I fall asleep typing by posting the following. Does this sound a tad like the hopes of Good
Continue reading In The News Today
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