Jim Sinclair, mentor and hand holder in chief to the gold universe, this week appeals to gold investors not to be intimidated by what is only the usual market manipulation by bullion banks.
"How many times have you seen this not to recognize what it is?," Sinclair writes. "Well, this is the big one and last play to denude you of your position. ... Fundamentally we are approaching the period in gold when it will move up the most points in the shortest time. The paper gold market is being used to shake the bullish tree harder this time than any time before because of what is to come. Fear is the most powerful emotion in markets and it is being used perfectly to enrich the grand names of finance at your expense."
Sinclair's commentary is headlined "Defend Yourself by Not Giving In" and it's posted at JSMineSet.com here: