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Eblast System
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Continue reading Frequently Asked Questions
Closing Bell Note:
In 108 minute view gold, but mostly gold shares, both actually moved away from the direct euro/gold relationship. The present relationship is loosening, but not breaking just yet.
It could be related to other market influences, but this demands our close attention.
Thought For The Day
The spin doctors
Continue reading In The News Today
Dear Friends,
In looking over the various stories circulating around the internet concerning the woes of Greece, I am struck by what seems to be a common theme – the evil, nasty bankers and crony politicians are all to blame while the hapless, innocent citizens of Greece have to suffer as a result of
Continue reading Trader Dan Comments On Greece’s Woes
Dear CIGAs,
Click chart to enlarge today’s hourly action in Gold in PDF format with commentary from Trader Dan Norcini
Dear CIGAs,
Libor is a survey rate at which banks lend to each other.
Those that created the $1 trillion Shock and Awe program to save the euro never anticipated the Libor to make a U-turn to higher rates.
If fear of lending from bank to bank is occurring how eager do you believe
Continue reading Libor Makes U-Turn To Higher Rates
Jim Sinclair’s Commentary
You know if we did not know of the IMF’s impeccable honesty, you would think this is a set up.
Next might be Italy, Ireland or GB.
IMF delivers harsh report on Spanish economy By HAROLD HECKLE
MADRID – The International Monetary Fund urged Spain to enact speedy and far-reaching economic
Continue reading In The News Today
Thoughts For The Day
Please note that the physical gold price and delivery month future gold price are running neck and neck. This means the strength of the Comex is waning, and the strength of the physical market is increasing.
The Comex is less capable of forcing price as a result of this. Their
Continue reading In The News Today
Dear Friends,
The power of the derivative manufacturers is clearly stronger than the combined power of world central banks.
The mockery made of the $1 trillion Shock and Awe of the euro rescue package is telling. The public relations that Monday had to be approved by the architects of what is now a joke.
Continue reading Derivative Manufacturers More Powerful Than Central Banks
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