Saturday, October 25, 2008

Gold is a currency

Was just reading Jim Sinclair Oct 24th.

Here is a quote:

Gold is a currency.

Paper currency insures nothing.

Gold is insurance.

Gold is not a commodity.

Gold will trade at a minimum of $1650 MUCH SOONER THAN I HAVE ANTICIPATED.

The shorts in gold shares will get what they deserve - financial decimation.

Your friend,

I like this type of thinking. Makes a prospector want to head back out to the claims and find some more. Happy Hunting.