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King World News Weekly Metals Wrap

Dear CIGAs,

Please click the link below to listen to this week’s metals wrap up from King World News, featuring our very own Trader Dan Norcini.

Click here to listen to the weekly metals wrap up…

In The News Today

Jim Sinclair’s Commentary

The sheeple run as China’s public buys and Russia curtails supply to the market.

This is nothing new.

China buys gold and the world follows The Chinese are building on a trend that’s likely to last By Myra P. Saefong, MarketWatch Jan. 21, 2011, 12:01 a.m. EST

SAN FRANCISCO (MarketWatch) —

Continue reading In The News Today

Trader Dan Comment’s On Greenspan’s Gold Standard

*An alert reader informed me that the interview we have posted on our site that deals with Alan Greenspan’s comments on a gold standard was not done yesterday as I initially believed but instead occurred a bit more than 3 years ago in October 2007. This in no way changes my opinion as reflected

Continue reading Trader Dan Comment’s On Greenspan’s Gold Standard

Trader Dan Comments On This Week’s COT Report

Dear Friends,

This week’s analysis of the Commitments of Traders reports is a continuation of the recent pattern we have seen with Managed Money continuing its exodus from the long side of the gold market as well as some fresh selling from that category with new short positions being established. This category does not

Continue reading Trader Dan Comments On This Week’s COT Report

In The News Today

Jim Sinclair’s Commentary

Four so far this weekend.

Bank Closing Information – January 21, 2011  These links contain useful information for the customers and vendors of these closed banks.

United Western Bank, Denver, CO The Bank of Asheville, Asheville, NC CommunitySouth Bank & Trust, Easley, SC Enterprise Banking Company, McDonough, GA

http://www.fdic.gov/

 

Dear

Continue reading In The News Today

Jim’s Mailbox

Jim,

Didn’t you say in the 2006 Formula this would happen! Of course the sheeple keep getting excited over Google and the main barometer for the economy! Where is the outrage!

CIGA Craig

Dear Craig,

The equity market is a being of liquidity, not facts. The same thing that will take gold hyperbolic will

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Housing Shows There Is No Recovery

By Greg Hunter’s USAWatchdog.com

Dear CIGAs,

Housing starts are a tried and true barometer of business activity.  If there was a real economic recovery going on, housing starts would be, at the very least, edging up.  Please keep in mind the government is providing some of the lowest mortgage rates in a generation.  A

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Hourly Action In Gold From Trader Dan

Dear Friends;

Please note the CCI chart and the US Dollar chart as the CCI has plowed into new all time record highs today once again and looks to be setting a new all time record high weekly close as well. The grains and softs are leading the way with wheat now firmly above

Continue reading Hourly Action In Gold From Trader Dan