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In The News Today

Faith is reason grown courageous. – Sherwood Eddy

Dear Friends,

I agree with CIGA Eric on his analysis of the market today. This is a product of hedge fund madness, worse than the cult movie "Reefer Madness."

U.S. Stocks Fall as Commodities Drop Amid Concern Interest Rates Will Rise By Rita Nazareth – May

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We’re Nowhere Near a Top in Gold!

Courtesy of Eric King from www.KingWorldNews.com

Dear CIGAs,

With gold and silver still recovering, today King World News interviewed the legendary Jim Sinclair.  When asked about the volatility in gold and silver Sinclair replied, “The bonds are indicating that the psychology which is most supportive to gold is returning to the market place.  And

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Jim’s Mailbox

Hi Jim,

Outgoing FDIC Chairman, Sheila Bair today warned regulators to be mindful of the “moral hazard” of creating a federal backstop for money market funds – a $2.7 trillion industry.

No surprise that she waited until she announced her resignation before addressing such controversial issues. This sounds a lot like the Brooksley Borne

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In The News Today

Jim Sinclair’s Commentary

Currency induced cost push inflation, not simply crop circumstances.

 

Jim Sinclair’s Commentary

My former floor partner and good friend Yra Harris has some very interesting comments relevant to today.

Notes From Underground: Strategic and Economic Dialogue … Enough SED By Yra

Chinese and U.S. officials have been meeting

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In The News Today

Dear Friends,

Today’s action totally eliminates any and all remaining concerns for the price of gold. Today’s action lights up the $1764 Angel in gold.

Technical damage always requires technical repair. That type of price action is a perfect set up for a major launch of the gold price in June.

Relax and enjoy

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In The News Today

Jim Sinclair’s Commentary

From 2011 to 2015 this is absolutely correct. It is called currency induced cost push inflation. That is what hyperinflation is.

JIM ROGERS ON COMMODITIES: The Bull Market Will Go Up, Consolidate, Go Up, Consolidate, Go Up And Consolidate For Years Gus Lubin | May 7, 2011, 8:56 AM

Jim Rogers

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Jim’s Mailbox

Dear Jaime,

If you continue your pestering, I will cut your grass.

Jim

Gold & Silver: The Path To Concentration of Funds CIGA Eric

The probability of higher-order trend acceleration increases once the upper channel resistance has been breached. Money has been supporting the breakout by repositioning from short to long as

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In The News Today

Jim Sinclair’s Commentary

$1764 is on the menu after some technical repair.

 

Jim Sinclair’s Commentary

Paul Volcker, Master of the Universe, is clearly a dollar bear!

Volcker warns of danger from U.S. deficits By Sarah N. Lynch Fri May 6, 2011 10:15pm EDT

WASHINGTON (Reuters) – Former Federal Reserve Chairman Paul

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