I read that earlier on Mr. Sinclair's site. He's been proning this for a while. He has an excellent track record on predicting these things.

Actually about 2 weeks ago he printed a chart of where he taught GOLD was going till his infamous 2nd week of 2011, and it showed a very serious uptrend to app. $1,200 by this autumn before another pull back to about $1,000.

How can he be so precise, why May 1st, is it because of yesterday's Fed meeting now out of the way and the notion on the Fridays employment numbers which is always preceeded by major downward trend in the POG.

I think we all want to believe him but nobody's crystal ball is that good, or is it!!!!

Later