Jeff the link was from someone on JS's Facebook page. I discovered the FB page today LOL. Seems like a very strange group of people that hang around there.

By the way, your spam filter is set too high.

Samix I didn't sell, Jeff is right. Come Monday I may wish I had. A little voice keeps asking "what if Jeff is right?" I cant't rely on Jim Sinclair for any hand holding now. I hate this, I just wish it would go up more than a measly $5.00 or $10.00.

Seb1 wrote:
Jeff the link was from someone on JS's Facebook page. I discovered the FB page today LOL. Seems like a very strange group of people that hang around there.

By the way, your spam filter is set too high.

Samix I didn't sell, Jeff is right. Come Monday I may wish I had. A little voice keeps asking "what if Jeff is right?" I cant't rely on Jim Sinclair for any hand holding now. I hate this, I just wish it would go up more than a measly $5.00 or $10.00.


Seb, while I do NOT claim to be some "legendary trader" or even an "old pro" like Sinclair, you DO start to get a "feel" for markets (even manipulated ones) and PATTERNS emerge. In particular, when observing a particular market it becomes OBVIOUS whether the market looks "heavy" or "buoyant".

By "heavy", I'm talking about the RIDICULOUSLY pumped-up markets like the U.S. Treasuries market and U.S. equities market. They have the ENTIRE propaganda machine, ALL the bankster algorithms, the Plunge Protection Team, and the Federal Reserve ALL pumping their hardest 24/7 - and the MOMENT there is any adversity for those markets they SAG.



Then there is the gold and silver markets, where the dynamics are literally 180 degrees opposite. You have the entire propaganda machine cranked up to maximum decibels "warning" people from gold:

1) It's a "bubble"
2) You don't NEED gold because of the "U.S. recovery".
3) (Somehow) all the Euro paper going to zero is "bad for gold".

And then they STAGE an event (the latest Fed meeting); they ANNOUNCE some bad news ("hopes shattered for more stimulus"); they stage TWO separate bankster ambushes - first when London opened, and then in New York - the MOMENT B.S. Bernanke made his announcement.

And they couldn't even get gold to close lower THAT DAY. Now THAT is buoyancy!!

And lest anyone think I'm some one-eyed commentator who can ONLY see GOOD things in the bullion market, perhaps my most prophetic words were in the Spring of 2011 when I wrote (despite the fact that the miners looked cheap still) that they "were behaving a little toppy". In other words CONTRARY to how the miners had generally behaved for the past two years they SUDDENLY started to behave like they were "heavy".

So I'm BORED by this sideways trading. I'm ANNOYED by it. At times even FRUSTRATED. But never, ever, ever would I feel the slightest WORRY.

If I wanted to get WORRIED I would buy myself a batch of grossly over-valued U.S. paper - which looks like it could plummet to zero at any MINUTE...

Someone did ask Jim about his interview and this is what he had to say
Hi Jim

It’s only today that I managed to read your interview at Futures Mag and once again there’s one thing I’m not sure I understood. You state that 12400 on gold "is not viable and that every tool known to mankind would be used to prevent that from happening." My question to you is will we eventually see 12400 in gold in today’s USD?

Regards,
CIGA Tonko

clip_image001Dear Tonko,

One step at a time, please. Now look for $2111.

Jim

Jeff, do you think that Jim has caught the smell of something big ? like another can kick down the road for the next 40 years the way it was kicked in 1970's ?

Hey Samix, 40 years? The US housing market is in the toilet, unofficial unemployment rates floating around 25%, this means big loss of tax bass to run that massive war machine. Oh, and they seem determined to start another war with Iran as well, there's a good investment of time and money.

I don't think it will take anywhere near 40 years. I'm sitting tight. I am very confused as well but the rumblings are undeniable.

samix wrote:
Someone did ask Jim about his interview and this is what he had to say
Hi Jim

It’s only today that I managed to read your interview at Futures Mag and once again there’s one thing I’m not sure I understood. You state that 12400 on gold "is not viable and that every tool known to mankind would be used to prevent that from happening." My question to you is will we eventually see 12400 in gold in today’s USD?

Regards,
CIGA Tonko

clip_image001Dear Tonko,

One step at a time, please. Now look for $2111.

Jim

Jeff, do you think that Jim has caught the smell of something big ? like another can kick down the road for the next 40 years the way it was kicked in 1970's ?

Samix, as I've written before, the ONLY way to prolong the manipulation scheme in precious metals (much longer) is to "reload" by confiscating every ounce of gold and silver that they can get their hands onto.

However, I agree with Blackmill that there is no possibility (even WITH confiscation) of maintaining their sham-system much longer. Suppressing the price of gold can't prevent ANY of these nations from going bankrupt. It won't create ONE job.

The system MUST implode, and whether or not the banksters come up with another ploy to (briefly) delay the upward revaluation of gold and silver (or not) is largely moot.



So in that respect it's hard not to look at this interview as being a VERY disappointing "bail out" by Sinclair on some of these issues.