My Dear Friends

Posted at 11:06 AM (CST) by & filed under General Editorial.

My Dear Friends,

In the last week, certainly today, gold acted as the “alternative asset”, to hold value and increase in price in the midst of equity market debacles.

This has not gone unnoticed.

It has been wrong to buy gold on break outs for years, but today I sinned. I increased my position by 50% in gold itself.

Jim Sinclair
Executive Chairman