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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (49020)4/25/2004 9:40:21 AM
From: Seeker of Truth  Read Replies (1) | Respond to of 74559
 
About J. Sinclair, I'm a gold bull myself but what he wrote struck me as garbage. All kinds of authoritative statements about what is happening in the minds of central bankers of China and Japan, what the charts absolutely guarantee, etc. There is no hard evidence for most of his sweeping assertions.
He reminds me of the cheerleaders on Yahoo. I think part, just part, of succeeding in the market is studiously to avoid being influenced by such people. They have a god-like absolute certainty in their pronouncements. A real expert, such as Jay Chen, most of the time goes around terrified, knowing very well that surprises are normal, always ready to look at the situation from various angles.



To: energyplay who wrote (49020)4/25/2004 9:55:20 AM
From: Cogito Ergo Sum  Respond to of 74559
 
You are welcome ep,
I don't know if I'd go as far as Malcolm's comments on Sinclair but 1) Sinclair is a gold permabull and 2) he is prone to a little hyperbole :o)
Message 20060594

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