HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Sinclair/What does he say?
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Sinclair/What does he say?

posted on Jan 23, 2008 02:39AM

Ballooning Deficit Will Push Gold Higher



Author: Jim Sinclair

Dear Extended Family,

As far as I can recall, today is the first day that a headline appeared on Financial TV saying that the "US budget deficit is about to BALLOON."

This is a Key driver that will push gold higher than most people will ever believe.

My opinion is based on almost 50 years of experience and upon which I place my reputation. A confluence of events will lead gold over $1000 and push it on its way to and through $1650.

The derivative meltdown problem is the greatest risk any economy has faced since written history started in the Indus Valley prior to the arrival of Alexander the Great.

Please protect yourself by the simple act of, as far as possible, reducing financial agents between you and your assets.

Respectfully,

Your Watchman,
Jim
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