"5. Thursday and early today you may have witnessed the last great attempt of the Short Cabal to discredit gold shares."

Jim Sinclair's piece is extremely coherent with what he has written before and probably his timing is exact.

I have one more reason to believe that the mining shares have been attacked for the last time by the voluntary hedge funds and will be allowed to go up. One of the friends I advised to buy ECU years ago handed over his portfolio to a financial adviser. An act of Capitulation, sadly so for him and for me.