Nicknamed “Mr. Gold” for his incredible timing of the gold market in the 1970’s, when he called the top of the market in 1980 to the day, Jim Sinclair, is a legendary precious metals, commodities and currency trader.Mr. Sinclair was influenced by his father, Bert Seligman, who was the business partner of Jesse Livermore, “The Great Bear of Wall Street” famous for short selling in the stock market crashes of 1907 and 1929.Currently Chairman, President and CEO of Tanzanian Royalty Exploration Corporation, part of Mr. Sinclair’s strategy to protect his interests from the effects of currency debasement, is to acquire as much gold in the ground as possible without rushing to production because, he believes, the price of gold will go much higher.Mr. Sinclair’s famous 2001 gold price target of $1,650 per ounce in 2011—a prediction ten years into the future—fell within 22% of the gold price in January 2011 after a phenomenal 511% increase over a ten year period, from an average price of $265.49 in January 2001 to an average price of $1,356.40 in January 2011 (London p.m. Fix)—one of the most astonishing calls in the history of precious metals trading.As a commentator on precious metals, commodities and currencies, investors ignore Jim Sinclair at their peril

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