Posted: Dec 03 2010 By: Jim Sinclair Post Edited: December 3, 2010 at 4:29 pm

Filed under: In The News

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.

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