Friday, August 19, 2011

Mining Share Ratio To Gold Back At Pre-QE1 Levels


Gold’s move to a new high today above $1764 has not happened for technical reasons. There are fundamental problems in the entire Western World Finance that lack solution.
Gold is heading exponentially beyond any expectations of the short of gold share hedge funds.
Weakness in gold shares is manic at this point, and the shorts will not see the top in gold they expected now or for years to come.
Respectfully,

Jim Sinclair of JSMineSet.com

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