2 Distinctly Different Arguments – Both Bullish Gold

Posted by Jim Sinclair & Ronald Stoeferle

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Jim Sinclair is one of the most outspoken commentators on gold. In his long career in the business of metals, mines and money, he has built a prominent record of having been right with his predictions. This has made him a man that many people like to listen to when he speaks. Recently, he has spoken out again and how! Let me quote a part of his recent message:

Screen shot 2013-02-14 at 2.28.40 AMGold is going to and beyond $3500 based entirely on this initiative certain to become completed as a reality. It is already happening right in front of your eyes, but the world is still blind to it.

This is why gold will rise to $3500 and beyond, but never do a 1980 fall again. This is why silver is a great trading vehicle, but not a great long term holding. This is why I have invested $32,000,000 in my own approach towards gold. This is why I sold ALL of my personal material treasures to make this investment when only I would do it. This is why I took on large debt to accomplish my plan.

This was the basis for my career interview by Forbes in Dec 2000.

No government fund, no gold bank, and no long cycle analyst can stop the progression of gold. The capitalization of the forces behind gold will overcome all these other bearish considerations. I say this because I know this, not because I think this.

I knew gold’s first most important number was $1650 11 years ahead of time. I did not think it. I am telling you now because I know it that gold will go to and beyond $3500. It will be gold that saves a financially collapsing world of debt.

I am pretty sure that some of you will recognize the above as a typical gold comment coming from the USA, but like I said, Jim Sinclair is not just a typical USA commentator. He knows what he is talking about and he is not afraid to tell us about his views. I was most impressed when I attended one of his speeches in the past and I have been alert on what he said ever since.

…..read pages 2-11 HERE (includes info on 21 Stocks)