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April 14, 2010, at 4:00 am
by Jim Sinclair in the category General Editorial |  Print This Post |  Email This PostMy Dear Friends, It is 6am and I write to you while overlooking the Gulf. I am yet to see anyone in the sea even though the waters are clear and inviting. That to me is a good reason to take a swim only in the pool so handsomely presented for guests. Only a Continue reading Updates From Oman – Day 3 April 13, 2010, at 1:58 pm
by Dan Norcini in the category Trader Dan Norcini | Print This Post | Email This PostDear CIGAs, Yesterday’s retreat from technical chart resistance near $1170 induced some light long liquidation and some fresh short selling in gold during today’s session. A bit of stability in the US Dollar and long liquidation in the crude oil market added to the strength of the bear’s position in today’s battle over the Continue reading Hourly Action In Gold From Trader Dan April 13, 2010, at 12:49 pm
by Jim Sinclair in the category General Editorial | Print This Post | Email This PostMy Dear Friends, Today was another hectic day in Oman. Meetings have been planned by our hosts covering the entire day with the exception of one hour which is now. Oman is a very special place with kind and tolerant people. We must be very careful not to lump together people in a given Continue reading Updates From Oman – Day 2 April 13, 2010, at 12:34 pm
by Jim Sinclair in the category In The News | Print This Post | Email This PostThought For The Day Last week we heard of the great improvement in relationships between Russia and the US. some media presented it as the end to a cold war, having never reported a cold war. From over here it looks quite different. In fact it is said that Russia and the US Continue reading In The News Today April 13, 2010, at 12:03 pm
by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This PostDear LT, You think they would have learned their lesson before!!!! Best, CIGA BT Dear BT, They are never going to stop. They have overvalued their assets courtesy of the FASB and understated their debt for that purpose thanks to OTC derivatives. They are hell bent on destroying the world and so far Continue reading Jim’s Mailbox April 12, 2010, at 4:58 pm
by Jim Sinclair in the category General Editorial | Print This Post | Email This PostDear Friends, Today was an extremely busy day in Muscat, Oman, starting at breakfast and ending now slightly after midnight. We have received a royal welcome and have met several gentlemen of stature and quality. I look forward to tomorrow almost as a child looks forward to Christmas morning. There is so much to Continue reading Updates From Oman April 12, 2010, at 1:49 pm
by Dan Norcini in the category Trader Dan Norcini | Print This Post | Email This PostDear CIGAs, The big mover of the day was news of the Greece bailout (okay – call it a “rescue package” – it is still a bailout) put together by the EU to the tune of €30 billion ($41 billion) at 5%. Further icing on the cake is to come from the IMF which Continue reading Hourly Action In Gold From Trader Dan April 12, 2010, at 1:24 pm
by Dan Norcini in the category In The News | Print This Post | Email This PostDear Friends, Not to worry however, there will be 18,000 new IRS agents hovering like vultures above the general citizenry to ensure that you buy your private health insurance or they will confiscate any tax refund you might have coming. A tip of the hat to our tireless internet researcher, JB Slear, for this Continue reading In The News Today |
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