When The COT Loses
Wow--Just extrapolating all the ramifications to
good Jr. PM shares if this scenario is anywhere near accurate raises the heart rate in anticipation. Sinclair pulls few punches---but over time he's been uncannily accurate.
TORONTO, ONTARIO, Nov 25, 2009 (MARKETWIRE via COMTEX News Network) --
ColossusMinerals Inc. ("Colossus" or "the Company") (TSX: CSI) would like issuea final reminder that the unexercised common share purchase warrants(the "Warrants") at $2.70 have been accelerated to expire at 4:00pm(Eastern Standard Time) on November 27, 2009. These warrants wereissued in connection with Colossus' March 2009 public offering.
Then consider the possibilities for CSI. Looking forward to 11/30 after the warrents are in the rear view mirror. The DOMINOES sure appear to have been lining up again for another big move. A long line of them. The first one may be falling even now. The volatility & turmoil in the Markets will be tremendous. Tightening my seat belt now & will try to keep the big picture in focus-----& enjoy the ride....dannblack
When The COT Loses
Posted: Nov 25 2009 By: Jim Sinclair Post Edited: November 25, 2009 at 1:12 pm
Filed under: General Editorial
Dear CIGAs,
COT loses when it takes on governments.
COT loses badly when it takes on persistent governments.
COT gets creamed when the US dollar trades below .7400 and persistent governments are persistent.
COT expires when delivery problems occur on any futures exchange, the dollar trades under .7400 and persistent government persist.
COT does the death rattle when COT takes on persistent governments that do persist, the dollar trades under .7400, delivery problems occur on any futures exchange and there is a run on the bank of ETFs who"own" more gold than anyone could have bought in the physical market,straining ones imagination enough to read the prospectus.
Junior precious metals shares and junior producers do their 1980 thing when the run on ETFs takes place.
Then Christmas comes?