Jim Sinclair today offers his most stirring and eloquent call to gold investors to have the courage of their convictions and to stand firm against the market riggers and tape painters. If gold investors do stand firm, Sinclair writes, they will win.
"Gold," Sinclair writes, "is the ultimate battle between good and evil. It is the ultimate battle between deficits and surpluses. Gold is the battle between paper currency backed by nothing and guaranteed by nothing versus sound money. This period of the market is the deciding battle of the Mahabharata. This period, today, is an attempt to drive you out of your wits, which is in my opinion the last and largest attack you will see perpetrated on us before gold closes over $3,500. This period of pain will not be measured in months, but counted in history as days."
Sinclair's commentary is headlined "Defend Yourself by Not Giving in, Day 2" and it's posted at JSMineSet here: