JIM SINCLAIR: CHARTS & TA ARE TOTALLY USELESS IN MANIPULATED, MANUFACTURED GOLD & SILVER MARKETS

Friday, December 21, 2012
By Paul Martin

SilverDoctors.com
DECEMBER 21, 2012

The legendary Jim Sinclair, who yesterday advised readers that the current take down in the metals market is The Great Train Robbery, in which the Goldmans of the world are going massively long in gold, has sent an email alert to subscribers advising that the post QE4 gold and silver take-down is a move of desperation by the Fed via the gold banks based on the false premise that attacking symptoms without meaningful economic intervention is going to cure the problem.

Sinclair states that using charts or technical analysis in such a manipulated and manufactured market is totally useless, but that gold is going to $3,500 and above, and the dollar to .72 and below, as soon as the Fed’s take-down is completed and the Goldman boys have adequately stuffed their pockets with gold.

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