Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

Free
Message: We are well positioned...

We are well positioned...

posted on Jul 04, 2008 03:47PM
Posted On: Friday, July 04, 2008, 6:59:00 PM EST

When $2000 Equals $1650 In Gold

Author: Jim Sinclair



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.”

http://www.telegraph.co.uk/money/mai...

Share
New Message
Please login to post a reply