Another little piece of precious forecasting by Jim Sinclair (see below).

When JS says June will be startling, that seems to indicate that the music may not stop for long by the end of May. That view seems to be reinforced by the consolidation breakout study chart shown by CIGA Eric on the same site. The present breakout is already 7 months underway, but has given only an 8.5% rally, which is next to nothing compared to previous breakouts over the same timespan. There is thus a lot of catching up to be done.

It may be best to sit tight and not take profit too early.

DCFM

"Dear Jim,

"Stay the course. We are a few days from a stratospheric takeoff in the price of gold."

Is it just because of the natural accelerated trend-line or is it because of yours, Martin’s and Alf’s work?

CIGA Paul

Dear Paul,

The answer is both. I feel certain we are a short breath away from the major assault on $1650.

Look at it this way – April Gold showers lead to May golden flowers.

June will be a startling time.

Regards,
Jim"