Re: Jim Sinclair fades $887.50 Angel
in response to
by
posted on
Mar 29, 2008 07:34AM
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
You know, I enjoy reading his website if for no other reason that he sees the same risks to price stability I do. His $887 # is based on technicals, but I have to say I'm not totally comfortable with his level of zeal. He claims to 'know' that $1650 is coming in gold, but his knowledge of that number is based on his application 'the secret', a book about visualizing what you want and poof!, it happens. (I read the book as he suggested on his website).
Again, I enjoy the site and bear no grudge, but you lose me when your technical assessment is based on UFOs, the mayan calendar, or secret books. I think gold can hit that #, but not for any of those reasons.