Friday, December 3, 2010

Gold is Poised to Explode

Compliments of King World News KWN
A discussion with legendary Jim Sinclair
When will we see the first $100 move in a single day in gold?

“Before this year is out. That is one of the things which I’ve predicated my $1,650 by January of 2011 call on, and we are about to find out.
Look at Harry (Schultz) dean of the whole bunch, he believes that when confidence falls, it falls instantaneously. It may be ebbing and flowing, ebbing and flowing, and than all of the sudden wham, it’s gone! And that will be both the dollar market and the gold market, and it will be in synch.”  LINK...