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Tanzanian Royalty Exploration Corp. Message Board

  • dear_stormy dear_stormy Jan 26, 2013 11:03 PM Flag

    This Is The BIG ONE: Jim Sinclair

    Legendary gold trader Jim Sinclair has sent another email alert to subscribers today, warning that the current reaction in gold is the big one, and the last play by the bullion banks to denude gold and silver investors of their positions. Sinclair states that fundamentally, we are approaching the period where gold and silver will achieve their greatest gains of the entire bull market in the shortest period of time, and that The paper gold market is being used to shake the bullish tree harder this time than any time before because of what is to come.

    Sinclair states that the big move is imminent in gold!: We are right in front of that time when the market performs a classic bottom both in shares and physical. From this point gold is going to and through $3500.

    Sinclair’s full alert below:

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    • OK if you have a current account deficit then the currency will decline on an inflation adjusted basis. Now that is the only point I agree with Jim Sinclair on. However that decline can be reversed if capital flows are strong enough in the opposite direction. Now go little grasshopper you have the knowledge.

      Jim Sinclair has displayed very little capacity to time these capital flow reversals. Instead focusing only on where he thinks he will eventually be right. Now given the S&P 500 has just given a moderately strong buy signal I think its possible that the US dollar will go up for a few months. And conversly gold could easily decline towards 1200. Think that cant happen when CPI inflation adjusted US dollar gold is near its 1980 high. Compare my logic to Jim Sinclairs love letters to the cultists and make a judgement about whether you should continue to be uncritical of him.

      BTW if you have some logical statement showing me the error of my analysis I would like to hear it.

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