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Gold guru Jim Sinclair still sees $1,650 gold price as too low

Posted on 12 March 2011 with no comments from readers

Gold super guru Jim Sinclair called the market top for gold to the day in 1980 but was a bit early with his $1,650 call for mid-January this year. This interview was recorded before the Japanese earthquake.

The US bond market is going to be a 10-year short market, he says, but it will be volatile. This is a systemic problem that cannot be settled. The derivatives mountain still stands. That is where the potential for a sky rocketing gold price comes, way above the $1,650 target. Click on this link:

Jim Sinclair on King World News

Posted on 12 March 2011 Categories: Banking & Finance, Bond Markets, Global Economics, Gold & Silver, Investment Gurus, US Dollar, US Stocks

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