On another subject - did you notice gold behaviour at London open and close? Looks like a trading strategy in action - an arbitrage of some sort I guess but not sure what. Any theories? We might see gold spike up on NY close...
Posted: Jan 28 2009 By: Jim Sinclair Post Edited: January 28, 2009 at 2:37 pm
Filed under: General Editorial
My Dear Friends,
1. President Obama was JUST given the hook by having his speech flushed away on Bloomberg TV in preference for Trichet speaking privately to Bloomberg at Davos. Man that was a big mistake on Bloomberg’s part.
2. Once again you permit the Comex short gang to paint their own chart for gold in the short term. As long as the more financially capable members of the gold gang do not buy gold on the Comex and take delivery the knuckle draggers from the gold banks will continue to take from all of you. Gold is headed to Alf’s number but if the Comex has their way it is 10 feet forward and nine feet backward.
Regards,
Jim
