Yes Major, Sinclair's formula has been proven correct, as has his five golden pillars and he only missed his $1650 gold target by six months. Not too bad considering four-figure gold was considered ludicrous by many at the time of his prediction several years ago.

Most of us are still awaiting the unwinding of gold to gold share hedge that he has suggests is now imminent. If his prognostication for the juniors turns out to be correct, then we should have some fun days ahead.