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February 18, 2010, at 4:21 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Jim,
The clock is ticking. There is nowhere left to hide. Every click has been foreshadowed here:
-"This is it" -"It is now" -"Now it is out of control" -"This is the End"
Salud, CIGA Pedro
Greek Debt ‘Twilight Zone’ Spurs Rise in Sovereign Credit Risk By Abigail Moses
Feb. 18 (Bloomberg) — Credit-default
Continue reading Jim’s Mailbox
My Dear Extended Family,
I agree fully with Trader Dan’s assessment of the IMF statement. This is a duplicate of the IMF action in the 1970s. It turned out to be the most positive event as each time the IMF held an auction of their gold they facilitated entry for large investors at
Continue reading Trader Dan Comments On The IMF’s Supposed Gold Sales
February 17, 2010, at 10:19 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
Today was a closely strategized day starting with an Administration review of the results of the stimulus plan, a media slam on Greece followed by the IMF repeating its mistake pricewise of the 1970s.
The sheeple ran over each other.
I assure nothing has changed. Gold will trade at $1650 and
Continue reading In The News Today
Dear CIGAs,
Gold was strong throughout overnight Asian trade but as it approached the opening of New York pit session trade, it ran into selling pressure (Gee – where have we seen this act before) which continued throughout the majority of the session. Even at that, it was holding relatively well until the Euro
Continue reading Hourly Action In Gold From Trader Dan
February 17, 2010, at 12:28 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Jim,
Here are my comments posted to the Wall St. Journal’s story on Soros’ remarks on gold:
2:46 pm February 17, 2010 hkm wrote: You misinterpret Mr. Soros’ remarks regarding gold. He meant it is the ultimate asset bubble in the proper sense of the meaning of the word “ultimate”: ul⋅ti⋅mate /ˈʌltəmɪt/ –adjective 1.
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Dear Friends,
Jim Sinclair will be hosting a complimentary talk on markets February 25, 2010 from 2pm to 4pm at the Marriott Toronto Downtown Eaton Center Hotel. The talk will be followed by a short question and answer period.
Due to the extremely limited space, we expect this event to fill up
Continue reading Toronto CIGA Meeting Registration Details
Dear CIGAs,
The Treasury Department reported China’s total Treasury holdings as of December 2009 at $755.4 billion, down from $789.6 billion in November 2009. That is a not insignificant $34.2 billion reduction. It would appear that China has quietly been making good on its intent to diversify away from its overly lopsided US Dollar
Continue reading Trader Dan Discusses Changes In US Treasury Holdings
Dear CIGAs,
The reflation trade was back on in a big way today as both the commodity world and the equity world witnessed sizeable money flows coming their way. The Dollar’s weak display was enough to send the algorithms wildly to the buy side once again as the war between the inflationists and the
Continue reading Hourly Action In Gold From Trader Dan
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