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…
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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… Dear CIGAs, The big development in today’s market session was the breakdown in the long bond. As you can see from the chart below bonds have been carving out a 5 week old sideways trading pattern bounded by approximately 122 on the topside and 119 on the downside. All sharp sell offs down to Continue reading Long Bonds Break To The Downside Dear Friends, Alas, we have all seen the effects of the Fed’s QE policies on the cost of food and energy as they have moved higher mainly in response to its pump priming activities. Sadly, there now seems to be another area impacted – waistlines. Yes, I am sure future historians will at some Continue reading In The News Today Jim Sinclair’s Commentary CIGA Marc, our in the trenches businessman, reports: “Steel prices are on the rise once again. The cost of steel has increased by almost 25% since September 2010 and we anticipate that steel prices will increase an additional 10-15% by April 2011.”
Jim, Those that sacrifice their lives should be Continue reading Jim’s Mailbox Greetings Jim, We have been monitoring the gold market closely for the past several weeks in anticipation of the development of a meaningful low, and today’s sharp move higher was a bullish signal that suggests the anticipated low may be in the process of forming right now. Gold closed well above resistance at the Continue reading Jim’s Mailbox Jim Sinclair’s Commentary The majors must buy qualified juniors. They have never been successful explorers. Reserves the majors hold have hit a plateau or are on the decline Have a look at this deal which is a blueprint for many to come. Compare this blueprint to your holdings. Newmont to buy Canada’s Fronteer Gold Continue reading In The News Today Dear CIGAs, Apparently the catalyst for the strong move higher in gold today was a speech given by Chairman Bernanke in front of the National Press Club this morning. Basically he repeated what we have been saying for what seems like an eternity now – in spite of all the QE and gazillions in Continue reading Hourly Action In Gold From Trader Dan |
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