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In The News Today

Dear CIGAs,

I am counting down the days to my 70th birthday this coming weekend.

My thoughts have been on what would be appropriate for a gold trader, gold explorer and now gold miner.

I used to relax flying twin, single, land and sea planes, as well as rotorcraft with turbine transition. In between,

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Jim’s Mailbox

Explosive Setup in Gold and Gold Shares CIGA Eric

Gold, following historical precedence, is leading. Gold led the gold shares until 2010 breakout. The gold shares, despite the constant wall of worry, have played an impressive game of catch since 2009.

Gold is currently probing the upper trading channel (green circle). This is an

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Hourly Action In Gold From Trader Dan

Dear CIGAs,

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

For further market analysis and commentary, please see Trader Dan’s website at www.traderdan.net

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In The News Today

Jim Sinclair’s Commentary

World shaking changes in the Middle East. Peak oil production. Inevitable hyperinflation. All attention on Japan as markets forget the growing foundation of international dislocation.

Stay focused. Stay discipline.

 

Jim Sinclair’s Commentary

Derivatives cannot stand the light of day in civil litigation.

Deutsche Bank loses suit over investor losses

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Jim’s Mailbox

Mr Sinclair,

Gaddafi must read JSMineset also.

It looks like he is his own central bank and does not seem to be worried that his assets are frozen as he has choices.

Thanks for everything, CIGA Bruno from Downunder

Gaddafi sitting on 143 tonnes of gold in Libya: report Glenda Kwek March 22, 2011

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Broad Dollar Index Continues Sinking Lower

Dear CIGAs,

The Broad Dollar index is a much wider or "broader" representation of the plight of the US Dollar on the global markets as the basket from which the index is created is more representative of the globe than the smaller basket of currencies that comprise the USDX.

Even at that, it

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US Dollar Update

US Dollar Update

Dear CIGAs,

As has been the pattern over the last view trading sessions, the US Dollar has become the whipping boy for the global forex trading crowd.

Today is was strength in the Euro which sent it lower. Talk is picking up that the next move in regards to interest

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Jim’s Mailbox

Iran bought gold to cut dollar exposure CIGA Eric

Don’t forget about China. Their purchases will be disclosed long after the fact.

Iran has bought large amounts of gold in the international market, according to a senior Bank of England official, in a sign of how growing political pressure has driven Tehran to reduce

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