Juicy bits from Jim Sinclair tonight
posted on
Jun 08, 2009 06:08PM
(Edit this Message from the "Fast Facts" Section)
Juicy bits from Jim Sinclair tonight
The Negative PR for gold and the Green Shoots for the dollar are all raving BS to assist in the position option hedge and reversal of the Commercial for the coming vaulting of gold upwards.
How anyone can be fooled by this is a reach unless you totally throw fundamentals into the trash and live only by TA, an error that will end up taking your money away in this market….Use TA to figure out the basic direction. The key to success is if that direction is fundamentally sustained.
This BS barrage on the dollar and gold market will not be sustained.
The gold price is doing exactly what it should considering the lack of real negative good reasons and coordinated negative PR from the media and the gold banks…The dollar is going to suffer a very cold and awful winter.
The filth in this financial world makes organized crime look like a vacation relief. …Banksters simply cannot play to win based on merit. Banksters cannot build anything. The Banksters game has to be fixed.
In time the problems of today’s financial world to which there is no practical solution will overwhelm the manipulation by simple size of money motivated into the gold market and the number of newly created dollars for sale…The size of the dollar pool is infinite, and the amount of gold is finite.
It only takes a failure of confidence to motivate the equation.
At every turn the media, government and Banksters have been trying to get you to dump your protection.
Stay the course. Gold is going to save more than your financial position.