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Re: Fishpert post# 10133

Monday, 01/26/2009 9:11:06 AM

Monday, January 26, 2009 9:11:06 AM

Post# of 43486
"Mr. GOLD Jim Sinclair gives specifics



......I believe if you followed his opinions....the first thing is that the price of GOLD has trended higher over the past few years as he has said it would.....secondly, he has said to sell 1/3 into strength and repurchase weakness....I believe his approach is to be long and trading seldomly....Maybe some others here can add more to it....I'm not sure his suggestion is to time the market going long and short GOLD.....but to be involved in the longer term appreciation and adjusting/selling only a portion into larger moves and always holding a core position.....not sure if that is all to it and if it works or not.....but he has been saying GOLD would go higher and higher at $400 - $500 - $600 - $700 and so on.....any thoughts about it by others?.....Also, I am very interested in various views about the GOLD to SILVER ratio....I wonder if it is currently indicating that GOLD is possibly overpriced or that SILVER is possibly underpriced based on the historical avergae ratio and even the true "in-the-ground" metal ratio.....any thoughts on above would be very much appreciated.
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