jim sinclair'a message: do nothing., page-5

For a laugh read the todays blog from Jim Sinclair on King World News. He is saying Gold will go to $50,000 yes $50,000

This guy has totally lost it and is becomming more delusional as his wild forecats become more extreme. Surely he has lost all credibilty even amongst Gold bugs.


The big short squeeze didn't happen last night as a lot of Gold bugs would have been hoping. Gold just managed to close above $1400 but I guess its better than closing at $1300 or less which looked likely earlier in the week.