Then again....maybe its much bigger tha all of that:
Posted: Dec 03 2010 By: Jim Sinclair Post Edited: December 3, 2010 at 4:29 pm
Jim Sinclair’s Commentary
A “Great Day” in gold at $1,400 plus, third tap success, and a really "Bad Day" for the long bond!
Does this look like the final Pillar of Gold at and above $1,650 has fallen in? I think it has so get ready for a $75 up day in gold and 200 points down on the long bond.
When I think of the gold and gold share shorts, I also remember the expression: "Those that the gods wish to destroy they make mad first."
The short of juniors and long of majors OTC derivative will be fried.