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 here:

http://www.jsmineset.com/2012/06/11/stay-the-course-as-gold-continues-it...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.