Sinclair reckons that gold has breached a key level with bullish consequences:
"Remember that $371.50 is a key number. The last time gold meandered over the $371.50 level by 10 cents, it only took six hours to get gold in Asia and Europe to $390.80. .........Gold is, IMO, headed over $400. The day that gold closes at $401 all the gold shares, the beauties, and even the bow wows will fly."
