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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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Jim’s Mailbox

Jim Sinclair’s Commentary

This is a product of currency induced cost push inflation at the least desirable time in the long weather cycle.

Commodities Moving from Left to Right CIGA Eric

Talk of a bubble ready to pop is premature. Shorting a trend moving from lower left to upper right is dangerous.

Spot Commodity

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Gold’s Slow Rise To The Top

My Dear Friends,

Today was full of business meetings in New York. Having spent 27 years on Wall Street, getting me into that city is not easy. When duty calls however, who am I to argue.

I watched the gold market today somewhat displaced from the action. In fact it is via a CME

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In The News Today

Jim Sinclair’s Commentary

The madness cannot be stopped. Watch the following video.

Know that the price of gold is super glued to debt. Debt is totally out of control, and gold is going to flash past $1650 as if it did not exist.

 

Jim Sinclair’s Commentary

Reports are coming in that Nuclear Plant

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In The News Today

Dear CIGAs,

Thinking back to the following post from April 5th:

Expect the Round Number Effect at $1500 for gold, but less severe than the battle at $1400. Angel $1650 is quickly coming into focus.

If we have learned one thing, it is not to get short term focused on this market. Stay focused

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In The News Today

My Dear Friends,

The media is making big deal of the compromise agreed to in principle to avoid a government shutdown.

In the greater scheme of things economic, this compromise has very little to do with anything. No one ever expects a government to shut down for any extended period of time when, regardless

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KWN 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

Gold is about debt, not business.

 

Gold Is Still Cheap Despite Record Surge: Marc Faber

The Federal Reserve’s money-printing policies continue to make gold an attractive investment even though it has hit a succession of new highs recently, Marc Faber, author of the Gloom Boom & Doom

Continue reading In The News Today