Re: Cara versus Sinclair...they both can't be right
posted on
Apr 25, 2008 07:36AM
I don't think he is foolish enough to short them. His time frame is different (longer) than Sinclair's. He seems to think gold will fall further and stay down longer than Sinclair due to the sagging economies. They both agree that, at some point, gold will power higher and the juniors will skyrocket. I believe Sinclair's immediate short term time frame (i.e. May 8th "Balls of Steel" priediction) for the rotation into the juniors is his belief that the entire financial system is F.U.B.A.R. and will continue to implode on itself.