That warm feeling you are experiencing.......
MilesWaits
Posts: 5,349 ✭✭✭✭✭
.....it's Gold rising above $1400 again!!
Now riding the swell in PM's and surf.
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Jim Sinclair’s Commentary:
Another day of the “Round Number Syndrome” at the $1400 level.
Be assured that the gold price will be looking back at all levels including $1,400, $1,500 and $1,600 in the very near future.
I will be ingesting larger quantities of good Gin and Guarana.
Miles
<< <i>.....it's Gold rising above $1400 again!! >>
No please, not again! I want to buy more...
<< <i>.....it's Gold rising above $1400 again!! >>
...either that or you wet the bed from all that coffee...........
Jim Sinclair’s Commentary
A “Great Day” in gold at $1,400 plus, third tap success, and a really "Bad Day" for the long bond!
Does this look like the final Pillar of Gold at and above $1,650 has fallen in? I think it has so get ready for a $75 up day in gold and 200 points down on the long bond.
When I think of the gold and gold share shorts, I also remember the expression: "Those that the gods wish to destroy they make mad first."
The short of jniors and long of majors OTC derivative will be fried.