JIM SINCLAIR: GOLD TO PLACE SIGNIFICANT BOTTOM BETWEEN 2/28 & 3/27, LAUNCH TO $3,500/OZ!
FEBRUARY 28, 2013
Legendary gold trader Jim Sinclair, who called the top of the last bull market in gold to the day, liquidating his entire personal gold position overnight the day gold topped, has come out and officially stated that gold will make a significant long term bottom in the next month.
Specifically, Sinclair states that gold will place a bottom between today, 2/28, and 3/27, and that Thereafter gold is released to the upside which will be a minimum of $3500.
Considering Sinclair predicted gold would trade at $1650 in 2011 (which it did) when gold was trading in the upper $200′s back in 2001, we would suggest paying attention to Sinclair’s latest major gold call.
You can bank on the fact that the Morgans and Goldmans sure are.