SO Jim Sinclair is done?...Monday, April 26, 2004, 6:06:00 PM EST
Gold Market Summary
Author: Jim Sinclair
One for Jim, none for COT. Come on you COT guys/gals is that the best you can throw at the gold market? Think about it. Here is your chance to shut me up or maybe go broke trying.
I am the open interest on the long side of August gold strike 430 calls so here is the target. All or nothing is the wager. So all you bears take your best shot and stop the war of "Weenies" fought with words. You write'em, I buy'em. How about you Andy? How about you Bob? You have always wanted a piece of me so here it is. Take all of me, please.
Only one of us will be the BULLDOZER and the other will be the PAVEMENT. You want a reality show? Then try this one. How about all you so-called gold analysts, who spend your time calling a top for gold and have badmouthed gold shares from $342 all the way to $433, entering the fray.
If gold takes out $480, are you willing to return the balance of your subscribers' money and quit the business? If you aren't, then you are just another member of the oldest profession in human history.
I absolutely mean what I say. Why would I want to have a web site that did not help people? I win or I close down this web site and cease publication of any kind. Gold takes out $480 or it takes me out. I love the game and the risk.
Life without risk to me is wasted. Security is an illusion. The only sin is to lack courage. The only virtue is to have it . Courage does not mean being without fear. Courage means being afraid sometimes but acting anyway. You write'em and I buy'em! Now for you odds guys, what am I a shoe-in or a long shot?