Viewing articles by Dan Norcini

Posted by & filed under Trader Dan Norcini.

For more from Trader Dan visit his blog at www.TraderDan.net Dear CIGAs, The FOMC announcement this afternoon sent the equity markets into a complete turnabout from yesterday’s big selloff. The catalyst? Try the fact that the Fed said that the economy is so weak that interest rates will not be raised until at least the… Read more »

Posted by & filed under Trader Dan Norcini.

Dear CIGAs, Very early this morning, gold shot up to another all time record high above the technically significant resistance level near $1680 as sovereign debt fears coming out of the Euro Zone intensified with the worsening news. It did not take long however as trading moved further into the New York session for gold… Read more »

Posted by & filed under Trader Dan Norcini.

Check out Trader Dan’s blog at www.TraderDan.net for more commentary. Dear CIGAs, Since late 2008, gold has been rising in a strong and steady fashion within the confines of a channel that I have marked out on the weekly price chart. As mentioned previously, its rise has been orderly and solid unlike silver which burned… Read more »

Posted by & filed under King World News, Trader Dan Norcini.

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…   I want to make a brief clarification of a comment I made in regards to "limits" on the… Read more »