Ganalane, I read Jim Sinclair all the time and like the way he thinks. My investments are in the juniors and silver miners. They have pretty much been in the doldrums for the last 6 wks and have just last week started a turn around. Very much hope it continues and that Sinclair is right. I think we are linked to the POG by the Greed factor , otherwise we trade on News or the rumor of News. What sane person that trades the Juniors hasnt heard about the KXL story and what it could have? I say Could have and that is where the Greed factor steps in. When Gold hits $1,600 later this year and KXL has had good drills time and time again, this stock will be well above $10. I think our NR's will be coinciding with daily highs in the POG later this year and that has to be dynamic combination for us.
I think we are in a meltdown that will continue even after the financials are downgraded this qaurter and bonds lowered to junk status. Look at today the DOW started up 127 and ended down. The down days will outnumber and be bigger than the up days. I also think the people in charge are doing everything to keep heads above water till after election at which time they will pull the drain plug and really scramble for gold. The neat thing about KXL is (if they have the goods) I could be 100% wrong on what happens and we will still be in the clams.