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The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.

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Message: Recommed 100% in Gold Stocks Right Now

Recommed 100% in Gold Stocks Right Now

posted on Oct 10, 2008 06:02AM

Gold will be soon on its way to $1200 IMO and if you still have risk capital after the swan dive in gold equities, especially the junior golds, now is the time to be fully invested - and that includes VIT.

Posted On: Thursday, October 09, 2008, 10:17:00 PM EST

Gold and Dollar Market Summary

Author: Jim Sinclair



Dear Friends,

Gold is about to VAULT UP.

I am reliably informed that the paper versus bullion gold war is lost by paper gold at a $930 close.

Gold will vault to slightly under $900 then get pushed back, but not much at all. Directly after that we are off to $1200.

A Bank Holiday is moving from possible to PROBABLE.

  • Have you fully protected yourself?
  • Have you distanced yourself as much as possible away from financial agents holding your assets?
  • Have you gotten paper certificates for your shares or became a direct registration book entry at the transfer agent?
  • Have you protected your retirement accounts the same way as your shares above but in the name of the retirement account and the trust holding them?
  • Have you closed your Money Market fund accounts regardless of what assurances your bankers offer?
  • Have you withdrawn from your Credit Union?
  • Have you exited your corporate retirement fund?
  • Do you have significant gold and related shares investments?

It is getting UGLY out there as each day an attempt to postpone a bank holiday fails. Almost every other day lately financial leaders of the world have announced new plans that were "the final answer" to the super-glued credit market. All these plans have had no effect. The Dow fell like a rock off a cliff.

This says all efforts have failed.

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