Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Gold Prices
Gold Price
[Most Recent Quotes from www.kitco.com]
Our RSS Feed

Gold Updates by Mail

Enter your email address:

Follow Us on Twitter
« Rock Beats Paper: Why the Volatility Can't Beat a Solid Foundation | Main | Ignoring The Obvious »
Monday
Jan282013

A Message To All The Unleveraged Gold Investors

Jim Sinclair

The following is a missive that we received from Jim Sinclair this morning, who is the host of a web site called Jim Sinclair's MineSet. He sums up the situation much better than we can so its well worth the time spent on reading what he has to say. The above link will take to his site and his updates via email are free, so you have nothing to lose by signing up for them.

Here we go: 

My Dear Extended Family,

I have been working constantly since Friday to answer your emails. Being indoors all this time, I had to go out and get some fresh air. To my astonishment upon my return there were more incoming emails than I have answered in the last three days. Clearly, I will not get these all answered, but that does not mean I am not going to try.

I understand the responsibility of giving you my opinion. To say I understand the serious nature of what I say is a world-class understatement. The people I am speaking to are not the leveraged paper traders in gold. I am speaking to those who have invested in gold without borrowed money as protection against the instability of the Western world's financial condition.

There is no question whatsoever in my mind that gold will trade at and above $3500. The volatility in gold is only going to become more extreme, so you crazies who are in gold on heavy margin are beyond my help.

If you are so concerned that you cannot think straight, what are you doing investing in anything? I willingly stake my over 50 years in this business to tell you gold will trade at $3500 and above. I have committed 100% of what I am and have to my gold related position. I have zero concern about my gold investment. Absolutely none whatsoever.

I told you when gold was forced back under $1000 that it would trade at $1650 and above. For that analysis, I was scorned by many who are the same personalities that today are the outspoken bears.

Gold will trade at and above $3500 and no manipulator, private or public, can stop it. Gold is not for the weak, but then the weak will not survive this crisis in Western finance trying to be hidden from view with every possible public relations weapon.

For all the bears communicating with me tonight, you are totally wasting your time.

 

Sincerely,
Jim

 

 

Our new venture ‘Stock Trader’ has been enthusiastically received by our readership, if you wish to join us then please subscribe below;

Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

Regarding www.skoptionstrading.com. Our model portfolio is up 414.17% since inception generating an annualized return of 61.43%.

If you wish to join a winning team then please subscribe below;

Subscribe for 6 months- $499

Subscribe for 12 months- $799 

If you are new to investment in the precious metals sector then you may wish to subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address. 

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (2)

Dear Sir,
I have invested in Canadian gold mine Maudore Minerals ,the present share price is around 1.2$ from a heigh at 5.75$ less than a year ago .This company underwent serious management changes in July and I wanted your opinion on the present reflection of the share price .Has this any relationship with the new investors /backers somewhat checkered past ?What would you recommend to do with Maudore Minerals .I cannot find any blog nor shareholders forum on the subject ,at least up to date information.
Many thanks and best regards,
Godwin Cattle
Belgium

January 29, 2013 | Unregistered CommenterGodwin Cattle

Godwin,

We are not financial advisers and therefore we cannot comment on the above company.

Maybe some of our readers can help out on this one in terms of which blogs cover it, etc.

Best wishes,

Bob K

January 29, 2013 | Registered CommenterGold Prices

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>