Viewing articles by Daniel Duval

Posted by & filed under Jim's Mailbox.

Greetings Jim! Gold closed near unchanged yesterday, holding below recent all-time highs of the secular bull market. Price action has been characterized by volatile swings higher and lower during the past two months as the long-term uptrend has consolidated recent gains of the rally from late July. Cycle analysis indicates the gold market is attempting… Read more »

Posted by & filed under Trader Dan Norcini.

Dear friends, As mentioned in my post yesterday, I have been monitoring the silver market for any signs of a short squeeze in relation to the ongoing campaign to push out Morgan. I was curious whether or not we would see any signs of distress among some of the shorts yesterday as silver first pushed… Read more »

Posted by & filed under In The News.

Jim Sinclair’s Commentary  There is no question whatsoever that $1650 will be a low price objective for gold.  Gold Imports by China Soar Almost Fivefold as Inflation Spurs Investment By Bloomberg News – Dec 2, 2010  China’s gold imports jumped almost fivefold in the first 10 months from the entire amount shipped in last year as concern… Read more »

Posted by & filed under Trader Dan Norcini.

Dear CIGAs, Considering the fact that today is the end of the month and that during such times, many markets that have been in uptrends see some price weakness as traders book profits, gold, and silver for that matter, displayed impressive strength as buyers went to work. One can only suspect that December should start… Read more »