Yukon Nevada Gold Corp T.YNG

The Rig Is Up - $3500 Gold On The Way

[MrGRP]

I like to look at both sides of the coin, gold coin in the opinion of Jim Sinclair. Lets hope he is correct when he sais that "Gold will go to and above $3500. I like to be honest and think logically but one who holds a lot of Gold or Jr Gold Mining Co shares can only hope he is correct !

https://www.gold-prices.biz/home/the-rig-is-up-3500-gold-on-the-way.html

[Combo9]

His credentials seem impressive but he still manages to come across as a crackpot.  Sets a target with barely a sentence of actual analysis then concludes, "I write this with total intellectual and spiritual certainty." - right, very persuasive.  Next he will be telling us about the Mayans I suppose. However it's good to see several major financial institutions predicting a

[exgoldminer]

According to the Mayans, on December 22, 2012 there will be a third round of Quantitative Easing, at which point gold will reach for the stars. 

[goldpet]

Maybe Sinclair's gold price target is based on 10% intellectual and 90% spiritual certainty. LOL He's been right alot in the past. Although that's no certainty for the future, but at some point when the banks and the countries that are swirling down the economic drain increase, there will be much more fiat money printing.  I firmly believe that will happen.

[MrGRP]

It all makes good reading, and the right one is the one that predicted it when it happens. I marvel or shake my head at the daily market predictions or rationel for why the days markets develope the way they do. Whether it is CBC or Rueters or whoever ... one day gold is up because of the uncertainty of the economy and people flee from financials into gold. The next day gold is down because

[goldpet]

I couldn't figure the action out in precious metals today. China and the ECB lowered interest rates and gold/silver were off.  That didn't make a lot of sense to me. They should have gone up on those moves.