Wednesday, 24 April 2013

Jim Sinclair - The Beginning Of The End For The Gold Shorts

Eric King: “Jim, what will be the net result of the failure of the paper gold market?”

Sinclair: “It will release the tools of manipulation and allow the physical price of gold to find its own level. It will also lead to a tidal wave of demand for physical gold. The failure of the paper market will be as if you pulled back the curtain from the real condition of gold, which is currently in very short supply.
The bottom line here is the failure of the paper market in gold is going to result in extraordinarily increased demand for the physical metal, and a new record high price as the physical market for gold begins to take its rightful place as the lead price setting mechanism. This will also be the beginning of the end for the gold shorts.”

- Excerpt from a recent King World News interview, read the full interview here: