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Jim Sinclair’s Commentary
The technical dollar rally has no legs.
Asian trio to study dollar alternative: report May 4, 2011, 7:59 a.m. EDT By Chris Oliver, MarketWatch
HONG KONG (MarketWatch) — Officials from China, Japan and South Korea agreed on Wednesday to study a proposal to use their own currencies for regional trade
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Jim Sinclair’s Commentary
I got huge amounts of hate mail when I suggested this in 2005.
Mexican central bank buys 100 tonnes of gold By Jack Farchy in London Published: May 4 2011 11:35 | Last updated: May 4 2011 20:37
Mexico has quietly purchased nearly 100 tonnes of gold bullion, as central banks
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Dear CIGAs,
Dan Norcini warned over the weekend on the KWN Weekly Metals Wrap that there was, “Potential for a top”, “Negative divergences”, “A great deal of distribution”, “Very dangerous market for people to trade”, “Undercapitalized speculators, they are going to learn they can be separated very quickly from their money.” Those were just
Continue reading Dan Norcini – Silver Plummets, What to Look For Now?
My Dear Extended Family,
My daughter was hospitalized yesterday. She is fine now, but it was dicey last evening.
This note is being written in the hospital to tell you to please relax.
Margins will continue to rise on the COMEX until it reaches the cash price of silver. This works for the shorts
Continue reading Silver Being Silver
Dear CIGAs,
Silver helps and silver hurts. Silver did its normal silver thing. As poor man’s gold, silver always gets over speculated on minimal financing among the believers.
Then, as today, believers get sold out by the short play to follow.
There is no top in gold at this time, nor in all probability
Continue reading Relax, It Has Always Been This Way
Jim Sinclair’s Commentary
The US dollar has bounced off an oversold condition which will fail. .7200 will fall shortly thereafter.
Asia Seeks to Diversify Record Foreign-Exchange Reserves as Dollar Falls By Shamim Adam – May 3, 2011 6:08 AM MT
Asian nations are pooling funds to strengthen regional investment, in a step toward
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Jim Sinclair’s Commentary
Before silver is finished margins will be raised to cash. Volatility, thy name is silver.
CME Group Hiking Silver-Futures Margins By Another 11.6% 02 May 2011, 04:35 p.m. By Kitco News
CME Group is hiking silver margins by another 11.6% after already hiking them twice last week, the exchange announced Monday
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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
Continue reading Hourly Action In Gold From Trader Dan
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