Posted On: Friday, July 04, 2008, 6:59:00 PM EST
 When $2000 Equals $1650 In Gold
 Author: Jim Sinclair

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Dear Friends,
In order to achieve $1650 you must first see $2000 in print. Wait and see what they are saying when we are trading at $1650.
Think about the following excerpts from the article below while keeping in mind the successful juniors are the producers of new resources.
“It is difficult to see where the extra supply would come from as mine output struggles to grow.”
“Recent evidence shows that the central banks of Russia and Argentina are buyers. It is also rumoured but not confirmed that the central bank of China and other sovereign wealth funds are also buyers. As these possible central bank buyers have trillions more cash than the Western central banks have gold, it is very easy to envisage a scenario where the central banks in aggregate turn into net buyers - even if certain western central banks continue to sell.”
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http://www.telegraph.co.uk/money/mai...