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Is a market correction a buying opportunity, or have the fundamentals reversed?
*Jim Sinclair's MineSet, by James Sinclair, February 13, 2006
“Your instruments here are the fundamentals that motivate gold in its desire to rise. These include such things as the triple deficits, lack of independence of the Federal Reserve, whether any policies have been put in place that can reverse the trend of dollar deterioration, geopolitics moving towards calmer waters, and if cheap energy may again return.
Since nothing has changed, I simply will not move in my opinion that the price of gold is headed to $1,650.”
*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.