In his latest commentary Jim Sinclair discusses the
struggle between, on one hand, the U.S. Exchange Stabilization Fund and its
associated bullion banks and, on the other, central banks around the world
that are realizing that they've got too much paper money and not enough gold.
"The secret that the manipulators must keep quiet is that the physical
market for gold is very thin on the sell side," Sinclair writes.
"Whatever is offered, be it 500 tons or more in
manipulation from paper, has been and will continue to be taken."
Sinclair's commentary is headlined "Stay the Course as Gold Continues
Its Progressive March" and it's posted at JSMineSet
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.