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Re: NYBob post# 11857

Sunday, 02/10/2008 8:53:16 PM

Sunday, February 10, 2008 8:53:16 PM

Post# of 17016
This Is Very Significant -

Posted On: Friday, February 08, 2008
In The News Today

Author: Jim Sinclair

Dear Friends,

You might recall about a week ago when I commented that if
you trade gold you use more balls than TA.
You may have also noticed gold ceased its decline
within pennies of $887.50.
I trust you have seen or printed out the Angels and
known that Angel was there.
This site is read by powerful traders on all sides so
you need to understand my reluctance to report prices
I have already given you.
The specifics of last week were a test and it
certainly worked.
It told me there is no question what I told you above
is absolutely correct about our readership.

Is there any question concerning the fact that Angels
exist and are the magnets of this market?
$1050 will come, as will $1650.
If I am wrong in any way it is not that $1650 will
not occur but that this Angel is much too conservative.
I have told you already exactly, carefully, and often
where gold goes next before crossing $1000.
I have already wagered that I am correct.
I do not lack self confidence.
When you gain self confidence then you will be the master
of your self, needing no one.
Self confidence is not confidence of the ego, it is
confidence in the self within you

Mark my word, gold shares will outperform gold -
in the final analysis.
The hedge funds have been long the Barrick-types,
overpricing them for this time and short the others,
significantly underpricing them but not yet making cover.
Remember a short can feel pain.
The shorts by their clever power play have created
what is akin to a stretched rubber band about to snap
back in their face.
When the short bombs a share as they did yesterday
then today runs into a 1,000,000 plus buyer, even
the dumbest has to start to get the message.
Rest assured the shorts in secondary precious metals
shares will scramble for cover as yesterday they spit
big time directly into the wind.
I bought this week.

Regards,
Jim

http://www.jsmineset.com/


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