In The News Today
posted on
Mar 06, 2011 03:43PM
Posted: Mar 06 2011 By: Jim Sinclair Post Edited: March 6, 2011 at 2:10 pm
Filed under: In The News
Dear CIGAs,
The developments in the Middle East are not a spontaneous outbreak of democracy. They are carefully planned, organized and misunderstood developments focused on crippling those that oppose Iran.
The mercenaries that found their way to Libya should raise an eyebrow in the Situation Room. It is planned to initiate a spontaneous breakdown of Western civilization and financial viability based on the concept of peak oil. This concept alone guarantees a much longer gold bull market than almost anyone believes.
There is no 1980 pratfall out there. Gold will stabilize in about 4 years at a very high price. This is a concept that has totally escaped the gold miners that went functionally broke on hedges by selling every ounce they mined, as fast as they mined it. That was madness, almost as crazy as their short of gold was.
It is hard for a mad short taking it as a personal matter to reverse, and then go long, but fortunes are made that way in a bull market based on fundamentals. It takes emotional control and freedom from ego which is a rare combination.
You might consider it.
Bye Buy Shorts