by Jim Sinclair
Dear Comrades in Golden Arms,
I was there and considered by some to have been the largest gold trader from 1968 to March 1980. I recall every day of it like it was yesterday.
1. I do not believe that gold has registered its all-time high by a long shot.
2. I do not accept the recent decline from above $1900 as a gold bear market.
3. I believe all accepted tools for market timing will fail in the long term super bull market.
4. I believe the recent long decline to be but a reaction in the giant bull gold market.