imf to sell gold , page-4

Anti gold promotion of IMF gold sales as negative to gold is simply rank STUPIDITY, without historic references, and totally wrong. There is no more I can say about that except I am 100% correct. All and every ounce they have will be consumed by other central banks and NEVER see the free market. In the 1970s this was extremely bullish for the gold market because it let major buyers in at a singular price on blocks they could not have otherwise entered in such a class manner. 2009-2012 will be similar.

Gold is headed to $1160, $1224 and $1650 and that is just for starters.

When it is all said and done the dollar/gold inverse relationship remains the primary criteria for the precious metal.

Please do not contact me asking or complaining about this as my ability to maintain decorum will be strained.

Our living genius, Martin Armstrong, has come up with three touches and through the $1000 mark. Does that sound like anything you have read here? I do not mean to infer that his three touches and past 1000 was read here by Armstrong, but that we agree independent of each other that this is the performance of gold to be anticipated.

Armstrong is looking at $2500 and $5000 for gold. He does not limit gold there but anticipates those numbers under certain market scenarios.

Respectfully Yours,
Jim

At http://www.jsmineset.com/