Dear CIGAs,
The CCI (Continuous Commodity Index) bounced from near the 50% retracement level of its move up from the December low as money flooded back into the commodity sector after that same money flooded out of it yesterday. The idiocy and madness continues unabated it seems. Trying to read too much into any one day’s [...]

Dear CIGAs,
Goldman is out there doing the public a service again by making a bear recommendation on the Euro at the exact same time as the US 5 year bond issues went begging.
I imagine that Goldman is a large short in the Euro, so why wouldn’t they talk it down if they could?
 
Jim Sinclair’s Commentary
Exactly [...]

Jim,
This is for those that need to review a VISUAL PRESENTATION. Here is an excellent report to make their simple decision between the ownership of Gold or the common share of USA Inc., the US dollar.
CIGA BJS
Click here to view the PDF file…

Dear Friends,
Let’s keep the last three days simple.
You either like gold, or you like the dollar.
That is all there is to it.
Respectfully yours, Jim

Dear CIGAs,
In what is a continuation of yesterday’s deflationary trade, the US Dollar moved sharply higher today with crude oil getting whacked along with most of the rest of the commodity complex, including ol’ Dr. Copper. That allowed for further long liquidation in gold which as those of you who follow this site regularly understand, [...]