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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

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Message: short term POG forcast
Posted On: Monday, March 31, 2008, 6:54:00 PM EST

Gold and Dollar Market Summary

Author: Jim Sinclair


Dear CIGAs,

You know there is a quiet, unassuming other member of this team known to many as KA, Master of the Technical Universe. He abhors any mention, but he is hands on with all our efforts. We call him the "Mountain" as in gone to the Mountain and come down with the tablets.

The basic and most important word is that this unnerving action in gold to the general community is seen by us as the perfect action, setting the stage properly for the acquisition of $1650. Major-major support starts at $910 and floats around $887.50. The lower level need not be seen. In a time sense the violent chop is measured in weeks, not months.

The most interesting item concerning my recent trip to the Mountain is that the Tablet reads, "Jim is too conservative. Gold is going much higher than $1650."

So my question is "Why fear when the mountain is here?"

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