Re: Have No Fear....Jim Sinclair Is Here.
posted on
Dec 15, 2011 11:11AM
Hansix
Yes, Sinclair's wisdom is timeless. Maximum pessimism is the time to buy. We are at the three year trend line for both Gold and Silver. Sure it can go lower but there are strong forces at play here. If we breakthrough decisively to the lower, the rebound will be even more pronounced. Risk-reward. Unfortunately, I can not buy more TDC at this time but I am dribbling funds back into Silver the past few days. Will keep the bulk for the middle of the trade as Sinclair does. It is painful to see the core holdings take a beating but nothing has changed.
Best wishes,
W