Jim’s Mailbox
Posted by Jim Sinclair on December 11, 2009 @ 7:47 pm in Jim's Mailbox
Jim,
Marginal outflows by commercial traders in the U.S. dollar continue as the dollar rallies. Any downturn in the dollar from here would complete the bearish setup. The decline in gold will end when the weak hands are flushed.
I am watching bonds closely.
CIGA Eric
Click charts to enlarge
[1]
[2]
[3]
[4]
URL to article: http://www.jsmineset.com/2009/12/11/jims-mailbox-298/
URLs in this post:
[1] Image: http://jsmineset.com/wp-content/uploads/2009/12/clip_image00120.jpg
[2] Image: http://jsmineset.com/wp-content/uploads/2009/12/clip_image00212.jpg
[3] Image: http://jsmineset.com/wp-content/uploads/2009/12/clip_image0032.jpg
[4] Image: http://jsmineset.com/wp-content/uploads/2009/12/clip_image0041.jpg
Click here to print.