....He should make up his mind. The difference between Sinclair and Cara: Sinclair has consistently defined gold as a currency (rather than a commodity). Sinclair has also been unwavering (and correct) in his observations of the detonating economy\declining dollar based compounded by the poison of derivatives and the ultimate need to monetize U.S. debt. Sinclair says the whole charade is going to implode soon and not to sell your gold (and don't trade it unless you know what you're doing). Cara seems to change his tune with the wind but can always seem to find one of his past posts to justify whatever the price of gold happens to be doing at the moment. I'm with Sinclair. Gold is money. The manipulation of the bullion price (today as case in point) by derivative laden central banks will work until it doesn't. Inflate or die = gold going higher. Get a clue Cara. Where is our F'n permit Hugo?