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Jim Sinclair: Gold is Poised to Explode
Jim Sinclair
don’t even want to count anymore, and this is not what tops are made out of. Tops are made out of outrageous exuberance.”
Sinclair continues:
“What most people look at, no what almost everyone looks at is a picture in time, something like looking at a still. Up comes the chart, it’s a picture in time. Very few people will focus on motion, direction over time. And you can’t predict the future unless you can see things in motion. So, to the static thinker the picture in time has to have an excuse of why the market did this or why the market did that or what technical thing happened to make it happen. While in truth, you and I know we are watching something unfold.”
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http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/12/1_Jim_Sinclair_-_Gold_is_Poised_to_Explode.html
Dec. 1, 2010