JIM SINCLAIR: TIME TO SELL YOUR CAR(S) TO INCREASE YOUR GOLD POSITION!
MAY 6, 2013
Jim Sinclair sent an email alert out to subscribers Monday, advising precious metals holders that the recent take-down in the metals was not a short play, but a desperate attempt to help the dollar and to keep the system alive.
Sinclair states that The not-anticipated result of the take down on paper gold was to wake a sleeping elephant of physical demand from other every corner of the globe. The opinion of the operators is that if the gold banks can keep pressure up on paper gold the huge demand for physical will fizzle. The world outside of North America has recent memories of monetary situations exactly the same as now. They know that paper is in its final stage and gold is in a major ascendancy.
Sinclair is so confident that gold is moving majorly higher that he advises readers: If you have two cars sell one to either initiate or increase your gold and unique gold producer position. If you live in a metropolitan city, sell both!