Geologix Explorations Inc GIXEF

Jim Sinclair’s Commentary

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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

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God Bless Jim Sinclair.  I have the deepest respect for him and he is probably THE most knowledgable source for gold pricing on the planet. He doesn't always get the timing right but in the end he is usually correct. I do think he is correct on margin. Futures will become a cash market as gold approaches $3000 in the final attempt to slow its advance. The futures market will make itself