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 »
Posts Categorized: Trader Dan Norcini
Federal Reserve – the Buyer of ONLY Resort
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 »
America Votes for National Suicide
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 »
PIMCO Buying Gold
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 »
China Flips The Finger To Wall Street
Click here to visit Trader Dan Norcini’s website… Dear CIGAs, The following article appeared today on Reuters which is well worth your read. In a move that illustrates the growing clout of China, approval was granted by the US Government for it to bid DIRECTLY through the auction system of the US Treasury, completely bypassing… Read more »
KWN Weekly Metals Wrap
Click here to visit Trader Dan Norcini’s website… 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…
KWN Weekly Metals Wrap
Click here to visit Trader Dan Norcini’s website… 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…
Norcini – Traders Are Literally on the Edge
Click here to visit Trader Dan Norcini’s website… Dear CIGAs, With global investors looking for direction in many of the key markets, today King World News interviewed legendary Jim Sinclair’s chartist, Dan Norcini. Norcini told KWN that many of these markets have been taking a tremendous toll on traders. Here is how Norcini described the… Read more »