Jim Sinclair’s Commentary

1. Armstrong and I disagree on the fundamentals.
2. The fundamentals can be a mixture of what he sees and what I believe as currency induced cost push inflation is inherent in his analysis.
3. That however is not relevant to the trader or investor as it is gold that protects the investor from financial destruction.
4. You will see how $1650 fits into his view which has been my price objective since you first tuned in to JSMineset.
5. The history lessons are extremely interesting.

Click image to enlarge Armstrong’s latest in PDF format