Home >> May, 2009

A Special Thanks From the Class of 2009 to the OTC Derivative Manufacturers and Distributors

Posted on: Sunday, May 31st, 2009 in: General Editorial

Dear CIGAs,
They stole the jobs of millions in order to create their own trillions.
They built nothing at all, they created nothing at all, yet they have ruined it all.
They destroyed the American dream to fulfill their grotesque greed. The cost of their smiles is the tears of millions, yet they walk free of blame for [...]

In The News Today

Posted on: Sunday, May 31st, 2009 in: In The News

Dear CIGAs,
Is this a nightmare or am I actually reading “BY NATIONALIZING GM”?
As the story broke a mini rally in the US dollar flopped.
U.S. Details Plan to Rescue G.M. Through Bankruptcy
Sunday, May 31, 2009 — 9:58 PM ET
WASHINGTON – President Obama will push General Motors into bankruptcy protection on Monday, making a risky bet that [...]

Jim’s Mailbox

Posted on: Sunday, May 31st, 2009 in: Jim's Mailbox

Jim,
With China mandating that the US “guarantee the safety of China’s assets” and threatening to sell EVERYTHING if the current US Administration doesn’t get their act together…
Policies are being held hostage to Communist China’s demands
China warns Federal Reserve over ‘printing money’
Wouldn’t one way to try to placate them over the very short term be to [...]

In The News Today

Posted on: Saturday, May 30th, 2009 in: In The News

What does a large new short do when DIRTY TRICKS FAIL.
1. Sell the stock as gold rises to unsettle the weaker hands 2. Work the charts, certainly at a gap close, that coincides with the most meaningful downtrend to work the day and inter-day traders.

Jim Sinclair’s Commentary
In this very interesting article three [...]

Jim’s Mailbox

Posted on: Saturday, May 30th, 2009 in: Jim's Mailbox

Dear Jim,
I starting reading a book today called "Patriots" by James W. Rawles, who founded survivalblog.com. This is a "fictional" story but it is really Jim Sinclair on steroids. I read the first six pages and got terrified. He makes a good point along the way after he mentioned gold going to $5,100. The people [...]

Monthly Gold Charts From Trader Dan

Posted on: Saturday, May 30th, 2009 in: Trader Dan Norcini

Click here to view today’s monthly gold charts in PDF format with commentary from Trader Dan Norcini

In The News Today

Posted on: Friday, May 29th, 2009 in: In The News

As goes Motors, so goes the USA. –Livermore and Seligman

Faber is wrong as increasing interest rates are meaningless as a tool to stop hyperinflation which is a currency event. How in the world can Farber not understand that axiom?
U.S. Inflation to Approach Zimbabwe Level, Faber Says (Update2) [...]

In The News Today

Posted on: Friday, May 29th, 2009 in: In The News

Dear CIGAs,
The 28 year up trend line cut is right now 112 to 113 on the 30 year bond. When this very long term up trend is history the credit crisis that has never ended goes TERMINAL.
The trillions of dollars pumped into the world skeleton financial system, particularly the US financial system, is like the [...]

Words Of Wisdom From “Ken The Wise”

Posted on: Friday, May 29th, 2009 in: General Editorial

Dear CIGAs,
I totally and fully endorse his words to the degree that I respectfully ask you to print them out and paste them on your trading platform, TV, bulletin board, tooth brush and refrigerator
An Open Letter to the Gold Community From "Ken the Wise:"
Dear CIGAs
In the spirit of preparedness and in order to help save [...]

Jim’s Mailbox

Posted on: Friday, May 29th, 2009 in: Jim's Mailbox

By subscription and you should subscribe to see the real story. http://www.shadowstats.com/
- Dollar Debasement Progresses  – GNP Shows Intensifying Recession  – Most Economic Data Show Deepening Annual Plunges and Downside Prior-Period Revisions
 
Dear CIGAs,
If you ever consider any of my opinions please consider the following as [...]