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In The News Today

Thought For The Evening

You pulled the rock over your hole in the ground when the BS was flying in gold and all the top callers were out of their cages. What you saw there was and will remain pleasing.

Gold is going to $1650 on this move with all the outrageous drama common

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Jim’s Mailbox

Technical Analysis on Gold CIGA Eric

When a support or resistance zone, colored by numerous gaps, looks like rainbow, it often reflects an important battle for control. The battle within the cup and handle is intense.

Paper Gold ETF (GLD):

Subtle hints, such as the fill of the 7/09 gap on shrinking volume

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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

In The News Today

"A black market is a free market operating against the wishes of the state." –Harry Browne.

 

Thought For The Day

Negative and completely fallacious articles are carried in major international publications while the gold banks continue to cover their short positions according to filed reports.

What is wrong with that picture?

Bullish Money

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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

Jim’s Mailbox

Jim Sinclair’s Commentary

None of these people have their own assets on the line so why worry in today’s world of political expediency?

Of course the most significant risk is not a topic for public and financial TV testimony.

Dear Jim,

I am surprised Ben has any hair left at all. I guess if

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In The News Today

Dear CIGAs,

I would like to welcome our newest little buddy to the family!

Jim Sinclair’s Commentary

So far this weekend.

Bank Closing Information – July 9, 2010 These links contain useful information for the customers and vendors of these closed banks.

Home National Bank, Blackwell, OK USA Bank, Port Chester, NY

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Jim’s Mailbox

Dear Jim,

Section 9006 of the Patient Protection & Affordable Care Act (Healthcare Reform) amended the IRS Code of 1986 to require reporting (i.e. 1099) of all "amounts in consideration of property" and "gross proceeds" greater than $600.

http://democrats.senate.gov/reform/patient-protection-affordable-care-act-as-passed.pdf

http://www.law.cornell.edu/uscode/html/uscode26/usc_sec_26_00006041—-000-.html

If I’m reading this correctly, it means that anytime you sell something (gold/silver coins

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