|
|
February 8, 2011, at 8:12 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Greetings Jim,
Gold closed moderately higher today, moving up to a new short-term high for the developing reaction from late January. Technical indicators are now moderately bullish overall on the daily chart, supporting a continuation of the advance.
Technical indicators are strengthening on the Gold Currency Index (GCI) daily chart as well, indicating
Continue reading Jim’s Mailbox
February 8, 2011, at 4:19 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear CIGAs,
There is a reasonable argument that North America should stay out of the political affairs of other cultures. There are examples today of beneficent dictatorships that have delivered good and plenty to their nation.
The view of the Egyptian situation varies from the US to Asia and the Middle East.
Democracy was
Continue reading In The News Today
Dear CIGAs,
Today’s big news once again came out of China, which announced yet another rate increase in what has now been a series of hikes over the last several months. In what has to be a significant development, gold, which initially dipped lower upon the news, ricocheted higher, surging through overhead resistance just
Continue reading 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
February 7, 2011, at 1:54 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
Regulatory bodies and FBI wonder why anyone would hack the NASDAQ.
The answer is simple: for nefarious profits.
Jim Sinclair’s Commentary
The media’s take on Egypt is:
1. The present situation is a process whereby a permanent democracy will be born. 2. Because the media is totally convinced a new
Continue reading In The News Today
February 7, 2011, at 1:51 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Gentlemen,
Looking at the long term long bond interest rate chart, I wanted to bring to your attention some salient features. This may be the beginning of the end of the long bond bull market in interest rates. This chart is presenting some nice time/price moves along its length/height. Of particular interest is
Continue reading Jim’s Mailbox
Courtesy of Greg Hunter’s USAWatchdog.com
Dear CIGAs,
The Bureau of Labor Statistics (BLS) released the latest unemployment figures last Friday. There was a stunning drop to 9% from 9.4%. How did that happen? Is the economy really getting better or is the government up to its old statistical tricks. According to the mainstream media,
Continue reading 9% Unemployment Rate is a Statistical Lie
February 6, 2011, at 11:20 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Jim Sinclair’s Commentary
The following chart is of the USA’s economic recovery. The only thing recovering is economist bliss due to the Dow 1200 happy pills.
The fact that equities are being pushed by the same mechanism, QE, that pushes gold is lost on them.
Jim Sinclair’s Commentary
Here we go again.
Continue reading In The News Today
|