GREY:GIXEF - Post by User
Post by
prohibit001on Mar 06, 2013 2:44pm
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Post# 21089048
Jim Sinclair’s Commentary
Jim Sinclair’s Commentary Curious to see other opinions regarding the POG for 2013. Any thoughts on Sinclairs predictions??
Jim Sinclair’s Commentary
The physical market will show the way as Gold is destined to balance the balance sheet of even those deficit nations that kick and scream all the way.
The futures market will morph into a cash market as margins are raised to 100%.
The settlement contract mechanism of the PM futures market will be transformed to preventa failure to deliver. Gold and silver will not be part of that unilateral novation.
After March 27th gold is on its way to and above $3500 and above. The bottom is either in now, or will be well prior to that.
Jim