gold ... us1200 this year ...

In July from memory Jim Sinclair predicted US$1200 gold by the end of this year. When paper gold was successfully managed down to the US$730s, defying the laws of supply and demand, as there was massively increased buying demand and shortages of physical gold, that call for US$1200 gold by the end of this year looked like it had no chance of being correct.

With gold now demonstrating that in this bull market it can jump more than US$100 in less than 24 hours, I'm not so sure now.

Maybe we will see US$1200 gold before the end of this year. I guess time will tell.

One thing I am sure of is that we will see US$1200 gold during this bull market, and much, much higher prices.