Posted: Dec 08 2010 By: Jim Sinclair Post Edited: December 8, 2010 at 12:37 pm
Filed under: General Editorial
In The News Today
Posted: Jan 06 2010 By: Jim Sinclair Post Edited: January 6, 2010 at 8:56 pm
Dear CIGAs,
The Angels are moving targets that are refined with each market reaction. Their change is miniscule but we account for it. That fact that $1224.10 was the cash high and the fact that the $1080 area worked reasonably well has lit up $1764 even brighter than $1650.
I therefore conclude that gold is definitively going to $1650 with an overrun to $1764 prior to a reaction before it moves to higher prices on or before January 14th, 2011.