Funny you ask that, I have wondered myself. Well we wait no more.

"I could totally be off the mark with this one, but is it possible that Jim's count down is in fact a reference to potential bank closures?"

Here is what he himself says from a post last night which you may have read by now.

Posted: Oct 21 2009 By: Jim Sinclair Post Edited: October 21, 2009 at 6:02 pm

Filed under: General Editorial

9. Gold is going to re-enter both the qualified investment category as well as accepted, respected monetary asset categories.

Think now about the daily countdown by looking out the market window and seeing what is happening to the US dollar.

The countdown is to a point where it is clear that confidence in the US dollar has reached a point of no fast or meaningful return.

There are 18 days left, and it certainly looks like what has been anticipated in time cycle is in FACT happening.

I do not subscribe to the thesis that this phenomena is happening by mistake or miscalculation. Those observers that think financial leaders are stupid are wrong. It is the observer who is demonstrating stupidity.

What markets cannot stand now is a major geopolitical upset where energy is concerned.

The eight points previous to the last and conclusion are worth copying and reading from time to time.

P.