Monday, October 8, 2012

Jim Sinclair on Gold

by Jim Sinclair, JS Mineset:
My Dear Friends,
Did you notice that $1775 was Friday’s low in gold? $1775 has taken on more meaning as it has been arbitrarily elected maybe because of its implications in the silver/gold ratio.
Personally, I think ratios have 20/20 vision backward and are blind looking forwards. They do however make good conversation when there is nothing else to talk about.
The range for gold now is clearly $1750 to $1800.
We witnessed the most transparent false report on employment in statistical history Friday. What party does not want to see gold above $1800 before the election? I would say the party of the Banksters, therefore their tool is the gold banks.
Read More @ JS Mineset

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