Jim Sinclair: The Bullion Banksters Are Positioning Themselves To Manipulate The Price of Gold Higher!
- Jim Sinclair’s Commentary:
by Jim Sinclair, www.jsmineset.com
Here is today’s story in gold. The cash number for the boys is $1775. This would represent the 10th major operation by gold banks to keep CASH gold below that $1775. It has much more to do with $1775 than this morning’s challenge of $1800.
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Someday, sooner than expected, both $1775 and $1800 will behind us with the manipulators pushing gold higher, not lower. Behind us is not one or two dollars.
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All this talk in the community of cycles and one more decline before a bonanza rise strikes me as disinformation and meaningless when $3500 is pulling gold up. As soon as the big boys have all your gold and gold shares you are willing to give them of the good gold companies, the manipulators will be on the long side just like in 1979-1980.
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There is no way that the present giant shorts in the good gold shares can cover. The only reason they are not yet in panic is their long period of winning has made even the smartest of them stupid.
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If you did not need to cover for a long time you dream that you will never have to. If today was not an experience of “Shaking the Tree to Pick Up the Fruit” in both shares as well as gold, I have not been watching gold and currency for more than 50 years.
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The manipulators take their lead from the euro these days and push gold hard in the same direction. Watch the euro to define the direction of gold on the day. Good charts are available to you on INO.com.
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