Adding Fuel To A Fire That Is Already Out Of Control
by Jim Sinclair
Date: August 9, 2007
Adding financial liquidity to the marketplace is happening both in Europe and in the US even though it's being denied. This is nothing less than MONETARY INFLATION which by economic law translates into price inflation. Adding liquidity is like pouring gasoline on a bonfire. It is proof that central banks will burn down the barn to avoid a derivative crisis. The barn is their respective currencies....
Believe it or not, today's circumstances are what it takes to propel the price of gold above $1,650....
When the dust clears, fundamentals will dawn on major investors which will take gold to and through all the angels. All you are seeing today is madmen and women going broke and building the major platform for a major up move in gold.
The above information has been redacted from the article as it originally appeared on jsmineset.com on August 9, 2007.
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