Wednesday, June 17, 2009

JIM SINCLAIR WARNS US ALL ABOUT THE IMPENDING MAJOR UPMOVE IN GOLD

The Third Week Of June Is Upon Us
Posted: Jun 17 2009
By: Jim Sinclair
June 17, 2009 at 4:57 pm

Dear CIGAs,

Gold insures not only your finances, but potentially you as a person!
17 days in June are behind us. The third week of June is upon us. The downside in gold had $918 and $932 as its most probable lows. $932 was a fulcrum point of the US night sessions around the world.

Monty has always been the balance man in the gang. It seems like he is moving to the right of this mess by today’s report. Review the 2007 Au consolidation before it fired up and out and compare that to the recent gold market action here.
Get done whatever you plan to do now as a bottom here and into next week seals Armstrong’s $5000 and Alf’s potential overrun in this leg of $3500.