Monday, December 12, 2011

Jim Sinclair Changes Outlook on Gold

$1,640 and below
There's been an unconfirmed report that Jim Sinclair has stated that gold is now going to $1,640 and below.  A meeting with Dan Norcini, Bill Haines, Eric Sprott, John Embry, and James Turk may be held to discuss the matter.  Keep an eye on King World News where the audio reports are usually uploaded 3 or more days late.

Bob Chapman says not to worry just buy paper shares in mining stocks and take physical delivery of the stock certificate for your protection...

Dan Norcini charts the GOLD BREAKDOWN:
http://traderdannorcini.blogspot.com/2011/12/gold-breaking-down-out-of-its-triangle.html 

CORRECTION!  JIM SINCLAIR SAYS GOLD IS GOING TO $4,500.00 NOW.  Well that should be obvious as we look at the chart action.  You better keep stackin'.  Here's the LINK:
www.jsmineset.com  
Jim Sinclair was interviewed today by Tekoa Da Silva: 


 
http://www.kitco.com/images/live/gold.gif
...developing...