Posted: Apr 20 2009 By: Jim Sinclair Post Edited: April 20, 2009 at 8:18 pm
Filed under: General Editorial, Guild Investment
Dear Extended Family,
There is a great deal of importance in today’s market action of gold. I anticipate a combination of events on the 19th and a date in June to lead to the perfect turning point action in gold, even if the dates are a few days off.
June is actually much more important in the grand scheme of things.
Regardless of which is more important to gold as a turning point, today confirms $1650 is a given and is much too low for the price of gold.