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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: basserdan who wrote (55438)	1/17/2008 10:28:06 PM
From: PaperPerson	Read Replies (1) \| Respond to of 78412

Sinclair was of course predicting the possibility of a 1,000 point break in the DJIA, NOT GOLD. Correct quote of Sinclair: "There is no doubt the Fed and the PPT are meeting right now. A drop of over 300 points on the Dow after the Chairman of the Federal Reserve speaks publicly presages a 1000 point break in the Dow Jones Industrial Average coming quite quickly, if not tomorrow." Not a break in gold. A 1000 point break in the Dow. "Unless the equity markets can be calmed, a panic is about to happen, making the statement "This is it" a horrible reality." "If the equity markets cannot be calmed then: "Recognize this is the Formula happening like everything else much sooner and much bigger in its implications than anticipated. "Gold will rise to $1650 as an almost immediate effect of what will be done to attempt to fend off a total panic starting to take place in general equities, therein threatening to be followed by all credit markets of all kinds. "The funds and hotshot short term traders in gold shares will be killed by the upward explosion of the gold price about to occur. "The PPT and the Fed will step out of gold’s way because gold is one of the tools used in 1930 by Roosevelt and in 2000 by Bush. It will be used again now on the upside. "Gold is the only insurance there is against what all this means because a panic in equities will blow the financial system, already coming apart, to smithereens. ETC. Posted On: Thursday, January 17, 2008, 3:41:00 PM EST Author: Jim Sinclair jsmineset.com Regards to all, Michael