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Hourly Action In Gold From Trader Dan

Dear CIGAs,

Gold’s rather lackluster performance yesterday in the face of both a sharp Dollar fall and a huge surge in the Euro can be explained by the open interest figures released by the Comex this AM which showed a good sized drop of over 10,000 contracts in the active December contract. Gold bears

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Market Commentary From Monty Guild

Dear CIGAs,

The U.S. hopes to lower the value of the dollar to improve exports

Here is how they do it:

Please notice the chart reflecting the trends in the holdings of U.S. treasury debt by Japan, China, and the U.S.  This chart tells the story of what is happening to the U.S.

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In The News Today

Jim Sinclair’s Commentary

Assuming that Fannie Mae prevails, how many more fraudulent mortgage loans are they holding?

Fannie Mae sued insurance companies, including Great American Financial Resources Inc. and The Travelers Companies, claiming they are responsible for losses on the $131 million Fannie paid for fraudulent mortgage loans. The lawsuit was filed today in

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Gold/Bond and Dow Jones/Gold Ratio Charts From Trader Dan

Dear CIGAs,

Click either chart to enlarge in PDF format with commentary from Trader Dan Norcini

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Hourly Action In Gold From Trader Dan

Dear CIGAs,

It sure didn’t take long for market participants to look at each other and say, “what the hell were we thinking yesterday”, when a mini selling panic hit the commodity markets on account of a miniscule ¼% interest rate hike in China. The Dollar gave back every bit of its gains from

Continue reading Hourly Action In Gold From Trader Dan

Who Really Owns Your Home?

(Courtesy of Greg Hunter’s of USAWatchdog.com)

Dear CIGAs,

There are some big questions facing the real estate market after the foreclosure fraud story exploded in the last few weeks.  The number one question for anyone who has a mortgage is “Who really owns your home?”  This would be simple to answer before the mortgage-backed

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In The News Today

Jim Sinclair’s Commentary

Eric King of King World News was kind enough to interview me on today’s events. Click here to listen to the interview…

Jim Sinclair – Brief Period of Victory for Bubble Callers:

With the move down in the gold market today, King World News interviewed the legendary Jim Sinclair to get

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Jim’s Mailbox

Jim,

My head is spinning. Didn’t this guy say the opposite earlier today?

CIGA BJS

Geithner Weak Dollar Seen as U.S. Recovery Route Versus BRICs By Ian Katz and Simon Kennedy – Oct 19, 2010 1:27 AM PT Tue Oct 19 08:27:42 GMT 2010

For U.S. Treasury Secretary Timothy F. Geithner, a weaker

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