Replies to post #15807 on Americas Silver Corp fka USAPF

[NYBob]

A Move Of Desperation By The Fed
December 20, 2012, at 1:18 pm
by Jim Sinclair


My Dear Friends,

You cannot fix the problems of the Western Economic system by
breaking the telltale thermometer, which is the price of gold.

There is not one professional who does not know sales in extreme
volume at a time of low activity internationally have but one
purpose, and that is to reduce the price of gold.

Charts and TA in such a manipulated, manufactured market, as
understood by you, are totally useless.
This is a move of desperation by the Fed via the gold banks based
on the false premise that attacking symptoms without meaningful
economic intervention is going to cure the problem.

Gold is going to $3500 and above.

The US dollar is headed to .7200 and lower.

We are once again giving away greatness by driving gold into the
coffers of Asia at bargain process that a powerful academic
bureaucrat has selected. It is just that simple.

Nobody said survival from the onslaught of the demons
would be easy, but it will be successful.

Respectfully,
Jim

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