Join our facebook group!

Archive

An Update From Dubai

Dear CIGAs,

Twelve hours after departing JFK you arrive at one of the best airports in the world. A layover in Dubai is an experience and a pleasure. This is one of the busiest airports when it comes to gold bullion purchases. Already at 9 AM the counters are busy. This major point of

Continue reading An Update From Dubai

In The News Today

Dear Friends,

Let’s see whether or not the CFTC can do what is so obviously needed in the metals markets. I have heard it repeated over and over that the establishment of position limits will hurt liquidity and drive this business overseas. In my opinion that is irrelevant to the very reason that limits

Continue reading In The News Today

Jim’s Mailbox

Existing U.S. Home Sales Fall for Third Month CIGA Eric

Existing sales fell but other headlines reassure us that all is well as long as expectations are exceeded – Stocks climb after home sales top expectations. Headline spin can be a very tough nut to crack for the average investor.

Sales of existing U.S.

Continue reading Jim’s Mailbox

Hourly Action In Gold From Trader Dan

Dear CIGAs,

A good commentary on the true state of the US economy is found in a quote by an executive of Home Depot. From Bloomberg:

“We are looking to continue to drive our traffic in the stores,” Craig Menear, executive vice president of merchandising, said in a telephone interview last week from Atlanta,

Continue reading Hourly Action In Gold From Trader Dan

Trader Dan Comments On Total Government Debt

Dear Friends,

I am sending this short series of charts to detail in picture form a picture of the US Federal Government total indebtedness in comparison to nominal GDP (Gross Domestic Product). The last chart is a ratio of the two overlaying total GDP against total government debt.

I think it is interesting

Continue reading Trader Dan Comments On Total Government Debt

In The News Today

Dear CIGAs,

I am preparing to leave for Tanzania today. Please consider these thoughts as I will be in the air for nearly 19 hours.

There is NO way the debt disaster is going away. There is no way that the US dollar is a store house of value.

The US and Great Britain

Continue reading In The News Today

Jim’s Mailbox

Jim Sinclair’s Commentary

What government does not manipulate their currency? What do you think the Exchange Stabilization Fund is all about?

This is madness when the target is your banker. It almost seems as if repeated crises are desirable.

China commerce minister tips trade deficit in March CIGA Eric

Chen, speaking at forum Sunday,

Continue reading Jim’s Mailbox

Hourly Action In Gold From Trader Dan

Dear CIGAs,

There is a fascinating article on Bloomberg’s website that I highly recommend that details the goings on in the bond market.

Click here to view the article…

The gist of the piece is that the US under the spendaholic Obama is a higher risk than Berkshire Hathaway.

After last evening’s “tariff

Continue reading Hourly Action In Gold From Trader Dan