Click here to view today’s Gold Year End charts in various currencies with commentary from Trader Dan Norcini

Dear CIGAs,
2008 IS BEHIND US…MANY ARE THANKFUL
We would like to take this opportunity to wish you a very happy, healthy, prosperous New Year.
OUR OUTLOOK FOR 2009
A) The U.S. dollar will decline in 2009.  This is a lynchpin for several investments.
B) Precious metals and grain commodities have bottomed.  These are priced in dollars…as the dollar declines [...]

Marty’s thought for 2009
"Doing more than is expected is what makes the difference between the exhilaration of achievement, and the acceptance of mediocrity."
Jim Sinclair’s Commentary
The "M" word has no place in the CIGA dictionary.

Jim Sinclair’s Commentary
Compliments of CIGA Ken:
Busted and Bloated Paradigms and New Paradigms to come, thoughts from Ciga Ken Drees with certs in [...]

Dear CIGAs,
Gold closed out the year here in the US on an impressive note recouping nearly all of its intraday losses as trading neared the 11:00 AM hour. From that point on, it moved steadily higher. It should be noted that volume was so low you could have swung the turret of an Abrams tank [...]

Jim Sinclair’s Commentary
A hint for the market "Wise Guys."
We are so very close to the geopolitical event that will not be faded into the marketplace.
Definition: To "Fade" is to trade counter-trend.
1. Israel makes a miscalculation. 2. Pakistan goes nuclear. 3. Both of the above are 5th column [...]

Dear CIGAs,
As I watch from Africa, I see the gold market set to open down $20 from what was the trading high a few moments prior to the Comex gang’s morning coffee and first computer entry. This happens between 1:30 and 2:30pm (5:30 to 6:30am in NYC).
How long are you going to remain the [...]

Click chart to enlarge today’s hourly action in Gold with commentary from Trader Dan Norcini

Dear Jim,
Once again you’ve given us vital information months before there are whispers of it in the mainstream press. I give the AP a lot of credit for this unblinking look at the Taliban’s rise in Pakistan, several passages of which frankly gave me chills.
A good candidate for understatement of the year: "the regional government [...]

Jim Sinclair’s Commentary
The sheer size of this continuing free lunch bailout program guarantees two things:
- Gold meeting and exceeding my price objective of $1650 by multiples
- A drop in the value of long bonds that takes the appearance of a very, very long fishing line as the US is shocked by an unwillingness [...]

Harry,
You are the man. You will always be the man.
You need no confirmation of that from anybody, ever. You are the King, and I bow publicly to honor you.
You gave me a helping hand as a kid, and that will never be forgotten. You always honored Barbara, and for that I am your servant. 
Love, [...]