JIM SINCLAIR: CAPITULATION EVERYWHERE- MANUFACTURED MARKET EVENTS IN GOLD & SILVER WILL NOT CHANGE LONG TERM TRENDS
DECEMBER 18, 2012
The legendary Jim Sinclair has responded to distraught gold and silver investors over today’s massive cartel take-down of gold and silver.
Sinclair states that today’s price action reeks of capitulation everywhere, and that This event has been a manufactured market move since $1800, with clearly planned and executed intervention. The gold price take downs during low volume periods internationally is a known price moving only tactic.
Sinclair reminds readers that the hardest part of enduring a bull market is to be right and sit tight, and that the cartel’s manipulation will not change the overall trend: A manufactured market event will not change the trend. Even the most professional can be reduced to sheeple by their emotions.