From MilesFranklin Blog
By David Schectman
''The following bulletin from Jim Sinclair explains where gold is headed
and who will benefit. In typical fashion, Sinclair’s information is
superb but his writing style isn’t exactly clear. In fact, after
reading it, my wife asked me what he meant by “7 touches”? (See
following bulletin) Half a dozen years ago it was fashionable within
the gold community to point out that a few bullion banks (Goldman Sachs,
JP Morgan and a few friends) were always “short” gold. Sinclair stated
then, that the bankers weren’t stupid and as the bull market advanced,
the same bankers that were “short” would be the ones who were “long” and
they would make a fortune on their gold holdings. That’s right, they
would be “long,” not “short!” ''
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