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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (96041)10/29/2012 11:22:23 PM
From: Nixpix  Read Replies (1) | Respond to of 219570
 
Interesting to see Sinclair's response to the interview
In The News Today
October 26, 2012, at 8:57 am
by Jim Sinclair in the category In The News | Print This Post | Email This Post
I fear the day when the technology overlaps our humanity. The world will only have a generation of idiots.
–Albert Einstein

Rumor Control:

We have a major whopper this evening. We all know the major shorts in gold shares are now and have been hedge funds. A prestigious gold community interviewer gave a platform to a Scottish hedge fund manger to be heard by the community.

I like to think the interviewer was blindsided when the hedge fund manager said he was a bull in gold but declared all gold companies will be confiscated when gold trades above $3000. Anyone who believes that has to assume that the fellow has inside information from governments all over the globe.

The latter part of this week has been big on people offering opinions as fact. If you believe this from an admitted short in gold shares, you really are gullible.

In my opinion, this statement by an admitted hedge fund manager short in some gold shares is simply negative public relations to benefit his short position without sound basis.

I believe this rumor is busted.