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Dear CIGAs,
Selling pressure on gold began immediately after the close of pit session trading yesterday and that selling continued into the overnight hours and then into today’s New York session. In the process, support near the critical $1320 level was tested and held. However, bulls are by no means yet out of the
Continue reading Hourly Action In Gold From Trader Dan
January 25, 2011, at 12:53 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
The Formula of 2006 keeps grinding on.
U.S. Home Prices Keep Weakening as Eight Cities Reach New Lows According to the S&P/Case-Shiller Home Price Indices
New York, January 25, 2011 – Data through November 2010, released today by Standard & Poor’s for its S&P/Case-Shiller1 Home Price Indices, the leading
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January 25, 2011, at 12:50 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Good Afternoon Mr Sinclair,
I sent the following article and comment to clients.
This doesn’t look or smell good to me. Today’s market means a reliance on your gut instinct in investment decisions becoming ever more important than relying on what we are told by either the banks , rating agencies or the powers
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By Greg Hunter’s USAWatchdog.com
Dear CIGAs
In November 2010, the Federal Reserve announced a second round of economic stimulus commonly referred to as Quantitative Easing (QE2). The reason, according to the Fed, was “progress toward its objectives has been disappointingly slow.” So, to try and turn the economy around, the Fed said, “. .
Continue reading The Most Predictable Financial Calamity in History
January 24, 2011, at 2:21 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
Trader Dan sends us this intriguing article.
Russia Central Bank Plans To Buy 100 Tons Of Gold A Year Mon Jan 24 09:10:31 2011 EST
MOSCOW (Dow Jones)–The Central Bank of Russia plans to buy from domestic banks 100 metric tons of gold a year in order to replenish the
Continue reading In The News Today
January 24, 2011, at 2:19 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Jim Sinclair’s Commentary
CIGA Nelson sends us the following:
Jim Sinclair’s Commentary
Alf called for a low in gold last week. That is what is meant by the start of an up move.
Erik McCurdy seems to be of the same mindset. We shall see.
Greetings Jim,
In early January, the Gold
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January 23, 2011, at 7:58 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear CIGAs,
Look, it is only natural to be concerned when markets react, but have no fear because the price of gold has significantly more than $1444 to go on the upside.
We live in a market world run by algorithms which are mechanical sociopaths reflecting their conscious-less creators, owners and operators.
Gold, as
Continue reading In The News Today
January 23, 2011, at 12:17 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Tidal Waves of Liquidity Since 2002 Were No Accidents CIGA Eric
The tidal waves of progressively stronger liquidity injections since 2002 were no accidents. The warning signs presented in the present and past in plain sight for everyone to see remain largely unrecognized as the all-important 2012-2015 timeframe approaches. Money, unlike historians, does not
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