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Dear Friends,
One of the fundamental inputs in a gold bull market is a steady rise in the price of commodities. While in a bull market, gold trades primarily as a currency, its association with the commodity world cannot be neglected in the sense that commodities become an asset class that is sought out
Continue reading Trader Dan Comments On This Week’s Action In The Continuous Commodity Index
December 11, 2009, at 10:00 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear CIGAs,
So far this Friday 3 banks have been closed.
Bank Closing Information – December 11, 2009 http://www.fdic.gov/ These links contain useful information for the customers and vendors of these closed banks.
SolutionsBank, Overland Park, KS Valley Capital Bank, NA, Mesa, AZ Republic Federal Bank, NA, Miami, FL
Jim Sinclair’s Commentary
The
Continue reading In The News Today
December 11, 2009, at 7:47 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
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
Continue reading Jim’s Mailbox
Dear CIGAs,
I suppose we can all rest much easier these days as retail sales numbers out this morning indicate that the economy is on the mend and it is going to be a Merry Christmas season for all the folks selling toys and RV’s. I keep reading a lot of, “better than expected”
Continue reading Hourly Action In Gold From Trader Dan
Dear Friends,
Last night I told you the return of Mr. P was coming. Here comes the spam perfectly timed to an F-TV interview.
It is the same message that has been sent for the last many years.
During the interview the email spam came pouring into my inbox. Next came 500 emails inquiring
Continue reading When The Prechterites Attack
Dear CIGAs,
I have been working diligently with two people that I admire to create for the community what might be considered our last great campaign to inform those we care about who are still lost in “MOPE” and accept “Pretend and Extend” as some sort of economic recovery.
Project 1 is titled “Squeeze
Continue reading Two Major Projects For The Community
December 10, 2009, at 10:18 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear CIGAs,
Here is a warning for you this evening:
Prechter is at it again. This time he is going low budget on YouTube. Next will come spam.
Jim Sinclair’s Commentary
Pretend and Extend.
U.S. Foreclosures to Reach 3.9 Million in Second Record Year Foreclosure filings in the U.S. will reach a record
Continue reading In The News Today
December 10, 2009, at 5:09 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Harm to Americans From "Pretend and Extend" by CIGA Richard B We have been discussing Washington’s strategy of letting US banks assign their own, individually calculated values to the least wanted, least sellable “toxic” assets on their balance sheets. This was accomplished by pressuring the Financial Accounting Standards Board (“FASB”) to suspend fair value
Continue reading Jim’s Mailbox
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