Or is it back up the truck?

From Jim:

Dear CIGAs,

Gold insures not only your finances, but potentially you as a person!

17 days in June are behind us. The third week of June is upon us. The downside in gold had $918 and $932 as its most probable lows. $932 was a fulcrum point of the US night sessions around the world.

Monty has always been the balance man in the gang. It seems like he is moving to the right of this mess by today’s report. Review the 2007 Au consolidation before it fired up and out and compare that to the recent gold market action here.

Get done whatever you plan to do now as a bottom here and into next week seals Armstrong’s $5000 and Alf’s potential overrun in this leg of $3500.

Comment:

I've been following Jim Sinclair for eons it seems. I'm sure it feels that way because I've been waiting for gold to finally make that move. I don't know how many times I've heard all the gold newsletter guru's, and their followers, say "Just one more push down, then it's off to the races."

I'm numb from hearing that over the years. There must have been at least several dozen "last pushes down," I'm tired of hearing it.

Anyway, Jim is sounding the real alarm. How do I know? I don't, but of all the people on this planet, I trust his sense of the situation. I'm too stupid to know because I have no experience, only what I'm taught.

He's explained the 5 Pillars over and over. We've all waited for this setup for years as the deception kept the game going longer than anyone could imagine. It's also made the financial situation even worse than it should have been.

I pretty much can't prepare much more since all my cash is pretty much where I want it to be. I do manage to buy a few more shares of ECU and TNX (TRE) as the prices get pushed down, again, but they're tiny purchases. I do what I can.

As Jim says, "This is it." If it's not, I think I'll go nuts. Oh wait, I passed that stage long ago.

Terry