Dear CIGAs,
Click charts to enlarge today’s hourly action in Gold and the CCI in PDF format with commentary from Trader Dan Norcini
Continue reading Hourly Action In Gold From Trader Dan
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Dear CIGAs, Click charts to enlarge today’s hourly action in Gold and the CCI in PDF format with commentary from Trader Dan Norcini Continue reading Hourly Action In Gold From Trader Dan Dear CIGAs, Then mindset of the market today viewing the Euro trading at the 1.50 level in consideration of Oral Intervention by Euroland officials yesterday is anticipating concerted intervention to prevent the Euro from rising above that level. The spin on the Euro at 1.50 is the strength of the world economies coming out Continue reading The Currency Thinking Today Reflected In Gold Dear CIGAs, In reference to John Williams, who is a respected economist, his inflation adjusted gold prices are a tad heftier than most. John Williams, of Shadow Statistics weighed in with his inflation adjusted price. $7150.00 is not too far from Alf’s max price objective of $10,000.00. "John Williams, an economist and the editor Continue reading In The News Today Jim, You look positively light and cheery compared to this guy! By the way, I don’t think capitalism failed. I think altruism failed. With socialism somebody else determines when and how much you sacrifice. With capitalism **you** determine when and how much to sacrifice (donate, save, invest, etc.). Your altruism is personal rather then Continue reading Jim’s Mailbox Jim Sinclair’s Commentary One of the biggest mysteries to me is how the Pakistani stock market, as thin as it is, could actually be doing well as the country dissolves into the most dangerous of places. I even considered a form of international MOPE. KSE plunges 426 points in horror session By Our Continue reading In The News Today Dear Jim, Could this be a step towards a broader conflict? CIGA Marc Iran Refined Petroleum Sanctions Act of 2009 Berman: Markup for Iran sanctions on Oct. 28 Dear Marc, It certainly does not look like peace negotiations. Jim Dear Friends, There are various categories of gold shares. 1. The most popular are the majors. The least understood part about them is their serious short of gold derivative problem, and the balance sheet and price of cover implications thereof. No one will deny that they get the most attention because they have the Continue reading The Shift Between Gold Share Categories Dear CIGAs, What some say the Fed should do and what the Fed will do are two different things. A well-read weekly publication featured an article with authoritative quotations suggesting the Federal Reserve will raise interest rates to 2%. If government statistics are to be taken at face value and the financial banking system Continue reading What The Fed Should And What They Will Do |
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