"...the story of the day is the continuing terrible action of the US dollar. The point of total "no return" is the 1995 low of .8194 that the recent breakdown of another bearish Head & Shoulders indicates will happen.
After that, the fat lady has officially sung and the sun will have set on the once mighty dollar."
"We are entering a period in the gold market that few of you have ever experienced. The volatility of price change and the physical size of gold contracts and metals being traded is about to increase sharply."
"Investors must simply hold their positions tightly to their chests when the US dollar breaks down. Gold shares have had a short seller, negative PR moniker hanging over them with the false declaration that they are NOT asset based situations to be valued according to earnings per share only.
That well designed bearish interest public relations campaign will collapse as the bull in gold moves forward. I would not sell any serious gold or silver issues with solid management and good governance in place as they are both asset based and earnings valuated investment vehicles
Remember you do not need a huge position in order to do well as a little gold will go a long way given what is coming."
Some quotes from Jim Sinclair on his MineSet website.
