I believe that Sinclair was only referring to gold not the gold shares. He was advsing selling enough gold to cover costs only and not calling at all for a gold top. In fact his call was $1580-$1620 cover costs and then look for Alf's/Armstrong numbers in the future.
As for the juniors it's tax loss selling time in Canada and profit taking time right now for funds since gold got taken down. This offers one last real cheap chance to load up on juniors. The timing for up moves usually starts about Dec 12-15th. For me, I am already locked and loaded for the moves coming in the next 4 months or so.