Recent Comments from Jim Sinclair on July 16th:
Quality junior gold shares are reaching a point from which an expectation of 1000% or more on the upside is not out of the question.
IMO, Victoria Resources is a quality junior gold stock and at .55 C. If it goes up 50% of what Jim sees happening in quality junior gold stocks, you would be looking at a 5 bagger @ 2.75 C. I have personally continued to add to my holdings in this stock.
Jim also mentioned the following:
Gold is headed to $1200 this year and $1650 in time. The US dollar will trade at .62 and .52 on the USDX.
Today is part of the Greatest Show on Earth with a sideshow of Believe it or Not. The answer is NOT.
Gold has major support between $940 and $950. That should be it on this reaction. We shall see as I have only had two sessions to come up with an answer.