Jim Sinclair’s Commentary
How can anyone question our position of QE to infinity?
Under QE to infinity the US dollar is trashed.
Under QE to infinity the gold price smashes through my estimate of $1650 made many years ago.
Under QE to infinity every mineable one million ounces of gold in the ground is worth one billion six hundred and fifty million dollars less the cost of extraction and processing.
Gold shares are going to take the lead in equities for a long time to come. The gold mining business is simply too profitable to be ignored.
Gold is going to a minimum of $1650 and all else is purely noise.
Noise does not make you money. Trading noise is for amateurs. Trading trends is for the professional. Ask Jesse Livermore, Ben Smith and Bert.