gold chat, page-354

Hi CW and All,

Here is my last E-Mail from my good friend Jim Sinclair submitted for interest and without comment by me.

Cheers and very best regards: Andy

My Dear Extended Family,

Stay the course! The current pressure on gold shares by hedgies is because Romney says, if elected, he will fire Bernanke and will not want to see QE 3.

Now what impact does that have to have on Bernanke? I would say he now really wants to see Obama elected. That speaks very well for huge stimulus fast and an end of the standoff between the Federal Reserve and the US legislative.

The hedgies hate gold so they interpret Romney's statement bearishly. In truth it is the opposite, bullish for gold.

Bernanke has been considered good for the dollar up to now as much as that is mistaken.

Regards,

Jim