Viewing articles by Dan Norcini

Posted by & filed under In The News.

Jim Sinclair’s Commentary The latest from John Williams’ www.ShadowStats.com. – Collapsing First-Quarter 2014 Economic Activity (GDP, GNP and GDI) Fell Below Third-Quarter 2013 Levels – GDP Activity Fell, Even Before Adjusting for Slowing Inventory Growth – Quarterly GDP Activity Contracted, Even Before Adjusting for Inflation – Looming Second-Quarter Economic Contraction Likely to Formalize “Renewed” Recession… Read more »

Posted by & filed under Trader Dan Norcini.

Dear CIGAs, Let me preface this short missive by stating that this is pretty much a rehash of a comment I posted in the comments section below one of my recent articles in response to some erroneous information being supplied by a particular reader. I also wish to state that this is in no ways… Read more »

Posted by & filed under Trader Dan Norcini.

Dear CIGAs, Gold jumped in overnight trading during the early Asian session when China released its version of the CPI. June CPI came in at +2.7% on the year where the market was looking for +2.5%. Apparently there was a rush to grab gold when the data hit the wire. Prior to that gold was… Read more »

Posted by & filed under Trader Dan Norcini.

Dear CIGAs, The mystery, at least in my mind, of the rising Euro is now clear. Outflows of Japanese institutional money is pouring into the European bond markets in search of higher yield. Consider the following – the yield on a 10 year Japanese government bond has fallen to 0.525%. Yes, that is not a… Read more »

Posted by & filed under Trader Dan Norcini.

Click here to visit Trader Dan Norcini’s Blog… Dear CIGAs, I came across the following story in my readings today and quite frankly, was thunderstruck after going through it and looking at the data. I did not think this was possible and am still at a loss to explain it so perhaps some of you… Read more »

Posted by & filed under Trader Dan Norcini.

Jim Sinclair’s Commentary I would not argue with Trader Dan mainly because he is right. All I would add is "In time,” rather than “tomorrow." Dear CIGAs, Those on the left who read my columns will of course take exception with the title I have deliberately chosen, but that is and was a given. So… Read more »

Posted by & filed under Trader Dan Norcini.

Click here to visit Trader Dan Norcini’s blog… Dear CIGAs, Dow Jones is reporting this morning that PIMCO’s Commodity Real Return Strategy Fund, with about $20 billion in assets, has raised its gold holdings to 11.5% of it total assets from 10.5% two months ago. The position was apparently taken when gold dipped towards $1500… Read more »