Original von Eldorado
When History Repeats Itself
Author: Jim Sinclair
Dear CIGAs,
I have waited 26 years for the next major explosion in the gold market.
We are, in my opinion, directly on the doorstep of that occurrence.
I have stood up to risk to make my point on more than one occasion.
I know of no other commentator on gold who has been willing to take one penny in risk standing behind his or her published views. This is most certainly true when I pay six figures to do this service on behalf of the community.
Let me tell you the rush in to get a free put from me on up to 200 bullion coins was like a freight train coming down the track. If I had been wrong about the gold price, I would have been buried up to my eyeballs in coins and out a major chunk of cash.
So here is another promise. I am telling you that we own 2007 and 2008. If I am incorrect about this then this page will close down with my apology.
I firmly believe I will be around until 2012-2015 and gold will be way into the four figures.
Let me define what right is. It is a new high in gold above $887.50.
During this period of time 2007-2008 I expect:
Gold shares will return to their traditional asset based valuation. Prices will be made by what you have under your feet, where you are and how advanced you are. In general they will be multiples of what they are presently, some ten fold.
China will stand up to the US in economic and political matters.
The US Treasury International Capital report will go below the zero line.
The cost of the Iraq/Afghanistan conflicts will skyrocket both in $$$ and lives.
The NATO Coalition in Afghanistan will in practical terms break down.
The Federal Budget Deficit will sky rocket.
The US dollar will trade down to .7200
Consideration of a North American currency, a natural outgrowth of NAFTA type arrangements, akin to the Euro will be discussed, but will not happen.
The USA will go from black ops to full engagement in certain South American countries. The build up has already started.
I intend to work on a paper for you to be presented early in the New Year on why all of this is going to occur.
I have waited 16 years for this opportunity. Within a few weeks it will start. These are the Golden Years coming again. A second opportunity in one life time to tag-em and bag-em in the gold market is sitting there waiting for us.
A little taste of why:
The Iraq Study Group Report was DOA.
The absolute opposite of what the report called for is what is about to happen in the build up of troops in Iraq.
The Secretary of State has taken the public position that the cost both in $$$ and life in Afghanistan has been worth it.
The Federal Reserve is pumping liquidity into the system while sending out its minions to talk anti-inflationary.
Desperation is evident in the hope for debt ridden consumers to bull the economy while housing and autos are history.
Desperation is evident in the President’s speech this week wherein he suggested consumers increase their consumption.
Desperation is evident in the following article wherein good becomes totally fabulous and in the article it turns out good itself is quite questionable....... End
In einen anderen Artikel auf Goldseek sagte ein Investor der beim letzten Bullrun mit dabei war und den POG richtig vorausgesagt hat einen POG von 3500 USD bis zum Ende des neuen Bullrun der im naechsten Jahr beginnt. Geht der Rohstoffboom bis 2020 oder ist der Goldrun vorbei in 2014 ?
Die einen sagen 8 Jahre die anderern 14 Jahre lange Hausse. Wie auch immer, wer Gold hat der hat immer Geld.
Paul van Eeden, wie immer konservativ, erwartet einen POG von 1000 USD in 2007/2008. Ich hoffe ihr habt das Boot vollgeladen in den letzten Tagen sowie startbereit fuer das neue Jahr. Obwohl man mehr erwartet hat diese Weihnachten, ich bin mir sicher das naechste faellt besser aus fuer die Gold und Silberbugs. Ich bin froh das sich der HUI um die 325 - 330 sowie der POG von 617 - 620 USD bis jetzt ein solider Boden ist den das PPT nicht knacken konnte. Die 200 dma Linie haelt soweit, das ist mein Weihnachtsgeschenk ueber das ich mich freue..... ![Freude :]](https://goldseiten-forum.com/wcf/images/smilies/pleased.gif)
Ein schoenes Weihnachtsfest und guten Rutsch wuenscht Euch allen,
Eldorado