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September 25, 2010, at 3:27 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Trader Dan’s Commentary
The article below is a follow up to an article posted Thursday about a new breed of computer viruses to be used as weapons of war.
Tehran confirms its industrial computers under Stuxnet virus attack Exclusive Report September 25, 2010, 6:07 PM (GMT+02:00)
Mahmoud Alyaee, secretary-general of Iran’s industrial
Continue reading In The News Today
Jim Sinclair’s Commentary
Armstrong and I disagree on the fundamentals. The fundamentals can be a mixture of what he sees and what I believe as currency induced cost push inflation is inherent in his analysis. That however is not relevant to the trader or investor as it is gold that protects the investor from
Continue reading Gold – An 11 Year High For 2010?
September 25, 2010, at 2:51 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Pace of new home sales second slowest on record CIGA Eric
New homes sold at the second-slowest pace on record in August, signaling that the housing market will remain a drag on the economy.
The second break in the secular downtrend within housing is a big concern for an over-leveraged, consumption-driven economy. The article
Continue reading Jim’s Mailbox
Dear CIGAs,
I wonder if Johannes Gutenberg, the inventor of the printing press, ever realized that his marvelous device which ushered in a new era of knowledge dissemination, would someday also be used to create wealth out of thin air. Apparently he did not for if he had, it is doubtful that the world
Continue reading Hourly Action In Gold From Trader Dan
My Dear Friends,
I am presently at the Kigosi camp outside of Ushirombo in Tanzania. The place is simply beautiful. Two rains and the forest exploded with green grass and flowers.
I was surprised this morning while driving to the river to see a troop of baboons wishing to join us. They present no
Continue reading Tanzania – A Great Stress Reliever
September 24, 2010, at 12:47 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Thought For The Day
I believe that everything Dollar will top on a rising neckline head and shoulders formation. That is what I anticipate in the Long Treasury Bond.
Go back and take a look at how the USDX made its top. It is my opinion a similar chart pattern might be in the
Continue reading In The News Today
September 24, 2010, at 12:44 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Significant Technical Damage In The Dollar Going Unrecognized CIGA Eric
Has anyone noticed significant technical damage to the dollar amid all the election rhetoric and Administration reshuffling confusion? A weak currency is good for everyone, right? If there was a time for a "line in the sand" currency intervention, it would be now.
Gold
Continue reading Jim’s Mailbox
Dear Friends,
Considering the various crosswinds blowing in today’s session, gold performed admirably, shrugging off Dollar strength and a bout of general commodity sector selling by the hedgies and their infernal algorithms. While it did not set another all time record high, it did manage a record CLOSING PRICE.
Similarly, silver’s performance was impressive
Continue reading Hourly Action In Gold From Trader Dan
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