As the long hot summer progresses, drama is unfolding at every turn. Environmental disasters, highly unusual weather such as earthquakes, floods, droughts, extreme heat waves. But the financial markets seem to be unusually QUIET! The dow has crept up above 1,000 on extremely low volume, the dollar continues to trade over 80, Gold is being held below $1,200 per ounce. In fact it looks like da BOYZ are
hammering the price down, but WHY? Well dear readers, in order to maximize their profits.
Read the short article below by Jim Sinclair of www.jsmineset.com
The foremost authority on Gold. And heed his advice.
I have said to you many times that the entities that will make the most profit on the gold price will not be the gold community, but rather just those that the community identifies as the enemy, the gold banks.
What is happening now is the set up to that event.
Recently Armstrong questioned publicly if the Goldmans of the world were using his cyclical analysis. Judging from what we have seen the answer is yes by intention or coincidence.
Those wishing to offset their pain on me today have to be defined as the public. The only bulls today are the stone professionals who can see what is taking place in the published numbers.
The gold banks are engineering their short cover and will shift to the long side of gold. It is in fact happening right now as the public panics. The currency market and media will be called into service in order to take gold to and through $1650.
Respectfully,
Jim
P.S. The Armstrong Jim mentions is MARTIN ARMSTRONG-Google him for further information.
Wayne Isaksen – Team Pay it Off.com
