Dear CIGAs,
Click the charts below to enlarge today’s Monthly Gold and Broad Dollar Index charts with commentary from Trader Dan Norcini.

Jim Sinclair’s Commentary
This is a very sad article as it speaks to the moral and ethical bankruptcy of government and finance.
Why Congress Won’t Investigate Wall Street Republicans and Democrats would find themselves in the hot seat.
The famous Pecora Commission of 1933 and 1934 was one of the most successful congressional [...]

Dear CIGAs,
It can be easy to forget what is really important to us with so much happening in the world today.
We would like to take a moment to offer a special congratulations to a member of our Comrades In Golden Arms community, CIGA Big Tatanka.
He is the proud new father of a healthy 8lb, [...]

Dear Friends,
The weight on the gold price is due to the influenza master chart painting.
The rub of this paint brush is that the COT is painting the charts repeatedly every time the word PANDEMIC is raised.
Just look at the timing of the slam down in the past week. Outstanding CRIMEX work!
The COT is very short [...]

Jim,
Below is a very good interactive map of the vanishing employment across the country.
The last 6 months are SCARY.
CIGA Tom
Click image to open the interactive map in a new window.
 
Jim,
For your info.
Thanks for all you do for us!
Respectfully, CIGA Bernie
Extreme Home Makeover Depression Edition
Inquiring minds are watching a pair of videos from [...]

Dear CIGAs,
Exogenous events that cause slower economic activity of duration for any reason, be that the bankruptcy of Chrysler Motors, General Motors, or influenza results in:
The largest national economy has the largest financial problem.
Lesson here:
1. Great expenses for both Federal and State governments. 2. Drastically lower income tax receipts both for Federal and [...]

Dear CIGAs,
Gold was greeted in New York with the usual selling pressure turning the daily chart pattern increasingly less friendly after bulls failed to push price above the downsloping trendline resistance shown on the attached chart. That trendline continues to dominate the daily chart technical picture and until bulls can shove prices convincingly above it, [...]

Dear CIGAs,
This might be what the reporter thought he heard, but Volcker was specific.
Level off yes, but the crap is here to stay.
By the way, did anyone see any of that Fiscal Stimulation often discussed during the very early period of this administration?
My street still looks like the day after.
Volcker Says Economy ‘Leveling Off,’ No [...]

Dear Jim,
HALLELUJAH. As Jim Sinclair has repeatedly stated with extreme prescience and strong emphasis over many years, and as Volcker, Krugman and many other intelligent observers have seconded, we must control OTC derivatives or the same old problems will resurface. It will be a major mistake to allow the financial oligarchs once again destroy the [...]

Dear CIGAs,
Please read the following. She is courageous!
Dear Jim,
Thank you for your acknowledgment below. I am in very good company here!
Thank you as well for educating me on what is going on in the Gold markets.  I have been so busy studying “debt” and the enormous transfer of wealth from the working class to [...]