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Euro Gold Continues To Make New Highs

Dear CIGAs,

Euro gold notches another all-time high at the London PM Fix, as does Silver priced in Euro terms at the Fix.

Yen gold is also making new highs.

Please refer to the following charts when the gold hens start cackling that the gold sky is falling.

Sustained strength in gold priced in

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In The News Today

When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it. –Frederic Bastiat

 

Jim Sinclair’s Commentary

Bond vigilantes are the damn OTC Derivative dealers out to kill

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Hourly Action In Gold From Trader Dan

Dear CIGAs,

Click chart to enlarge today’s hourly action in Gold in PDF format with commentary from Trader Dan Norcini

The Latest From Armstrong

Dear CIGAs,

Here is the latest from Armstrong, correct of course.

Link to full article…

Jim’s Mailbox

Good morning Jim,

You have told us on numerous times that “all the states of the USA will be bailed out.”

And…

Cities feeling the pinch Local governments are laying off workers and cutting services while hoping for federal aid. By Richard Simon, Los Angeles Times (Excerpts from article)

Concerned that a wave of

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Jim’s Mailbox

Dear CIGAs,

CIGA Richard outlines the danger that the FASB, those we trust to keep auditing accurate, has placed us all in. They have made lies valid accounting values.

Richard’s work is clear, accurate and revealing.

Dear Jim,

The FDIC closed seven more banks this week, all of them in Illinois. Collectively, they

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In The News Today

Dear CIGAs,

This is the perfect cure for jet lag

 

Jim Sinclair’s Commentary

Courtesy of Financial

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Jim’s Mailbox

Hi Jim,

The Gold Currency Index is once again testing all-time highs on the daily and weekly charts. If the weekly chart closes at a new high next week, the recent long-term breakout will be confirmed and additional gains will be forecast. Technical indicators are moderately bullish on both charts, so a confirmed breakout

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