Is there a force on earth that can keep gold from rising?
*JSMineSet, by Jim Sinclair, October 21, 2007:
"Gold Sounds the Alarm
Gold started this US evening plus $6.70 in Asia, and that was the alarm
sounding. In came the soldiers charging over the hill to stabilize (aka
manipulate) in order to keep Operation White Noise in place. You can
push gold around for a day, sometimes longer, but as long as the dollar
keeps falling, no force on earth can keep gold from rising. Pushing
gold down only compresses the spring that will shoot it higher. The
stabilizers should take a hint from Bert Seligman who said, "The only
way to manipulate any entity successfully is to push the item in the
direction it wants to go anyway." This advice is simply expressed as
never stand in the way of a locomotive, which is a good metaphor for
gold moving well above $1000."
*This information is solely a highlight of the opinion of a third-party publication and is incomplete. Please subscribe to this publication for the full and timely opinion of the author and call a Monex Account Representative for any additional up-to-date information. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.
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