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December 17, 2009, at 3:42 pm
by Jim Sinclair in the category Jim's Mailbox |  Print This Post |  Email This PostTA Analysis: U.S. Dollar Index ETF (UUP) "If it doesn’t fit, you must acquit," – Johnny Cochran If this was the end of the mother of all carry trades, the retest of the previous swing would not have occurred on 13% contraction in volume. The contraction of volume suggests waning force at critical resistance. Continue reading Jim’s Mailbox December 17, 2009, at 3:08 pm
by Dan Norcini in the category Trader Dan Norcini | Print This Post | Email This PostDear CIGAs, With the Dollar continuing to strengthen, gold is facing strong headwinds as carry trades are being unwound today. Chatter out of Europe about Greece’s dire straits (their credit rating was downgraded by Standard and Poors) has traders shunning the Euro and moving into the "safety" (please pause here for a moment and Continue reading Hourly Action In Gold From Trader Dan December 16, 2009, at 7:58 pm
by Jim Sinclair in the category General Editorial | Print This Post | Email This PostMy Dear Friends, To answer the many calls and emails I am receiving, please understand that it is my opinion that the dollar market is the most fundamental of all markets. I will never deny that the dollar can experience contra-trend positive experiences, but I foresee no bull dollar market, nor even firmness for Continue reading The Answers To Today’s Dollar Questions December 16, 2009, at 2:56 pm
by Dan Norcini in the category Trader Dan Norcini | Print This Post | Email This PostDear CIGAs, Click chart to enlarge today’s hourly action in Gold in PDF format with commentary from Trader Dan Norcini December 16, 2009, at 2:02 pm
by Jim Sinclair in the category In The News | Print This Post | Email This PostDear CIGAs, Think past economics and ask yourself if S&P opining on anything such as a defense budget is meritorious. Now we have these damn rating agencies making foreign policy. Do you think the US ever has a secret defense budget? All governments have secrets. All governments will always have secrets. Defense departments Continue reading In The News Today December 16, 2009, at 1:50 pm
by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This PostDear Jim, The old golden rule: “Those who have the gold, make the rules.” The new golden rule: “Those that make the rules, makes the rules (and don’t have to produce the gold.)” I wrote you about that some 3-4 years ago. It seems to be coming true. I talked to CIGA JB Slear Continue reading Jim’s Mailbox December 15, 2009, at 7:16 pm
by Jim Sinclair in the category In The News | Print This Post | Email This PostThoughts on Real Gold: Traditional testing in the past has been by density calculation (mass divided by volume), but tungsten-lead alloys can be created that almost perfectly match the density of gold or silver, thereby rendering that test useless. Additionally, surface testing with acid chemicals or surface x-ray fluorescence is also an invalid test Continue reading In The News Today December 15, 2009, at 2:41 pm
by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This PostDear Jim, Americans are feeling furious. These TARP paybacks are absurd. We even hear the Treasury Secretary talk about the “profit” we made. This is such nonsense for the above reasons. This isn’t like banks went out and created new products and sold them on the market for a benefit to society. What they Continue reading Jim’s Mailbox |
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