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The World of Gold - Jim Sinclair Oct 6/08
posted on
Oct 06, 2008 02:32PM
Posted On: Monday, October 06, 2008, 5:37:00 PM EST
The World Of Gold
Author: Jim Sinclair
Dear CIGAs,
Gold is the ultimate currency when others fail as a store house of values.
Gold has no liability attached to it.
Gold is universally fungible.
Gold is an appreciating asset on the balance sheets of central banks..
Gold will trade at $1200 and $1650.
Of course gold bottomed on its first break from $1033, but I only say such things once.
The third try for above $1000 is being set up now.