Re: Big sector push today

Solid foundations. New horizons.

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brutus2005

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Re: Big sector push today

in response to

Big sector push today

ElPrimero

posted on Sep 07, 2012 12:44PM

From Jim Sinclair:

My Dear Extended Family,

If you have eyes to see, coordinated central bank monetary and fiscal stimulation action is taking place.

Yesterday was "Draughi Day." Today the Chinese officially released massive fiscal stimulus on top of the already monetary stimulus. Watch for the US Fed to chime in.

QE to infinity MOPEd as sterilized is falling into place. Please review my post from last weekend to you on the illusion of monetary sterilization.

Gold is going to and through $3500. The approach some long term gold bulls took toward gold, initiating a temporary short directly after Labor Day, is now in the process of backfiring badly.