Friday, January 18, 2013
Jim Sinclair outlines why gold is a good long term investment
Some of his comments and I quote, are the following:
"...gold will rise to $3500 and beyond, but never do a 1980 fall again."
"...I have invested $32,000,000 in my own approach towards gold."
"... I sold ALL of my personal material treasures to make this investment when only I would do it."
"No government fund, no gold bank, and no long cycle analyst can stop the progression of gold. The capitalization of the forces behind gold will overcome all these other bearish considerations. I say this because I know this, not because I think this.
I knew gold’s first most important number was $1650 11 years ahead of time. I did not think it. I am telling you now because I know it that gold will go to and beyond $3500. It will be gold that saves a financially collapsing world of debt."
Please see ORIGINAL SOURCE
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