Jim Sinclair: ‘There Will Be a Run on Gold Stored in the US’
With gold remaining firm above $1,650, today King World News interviewed legendary Jim Sinclair, to get his take on where things are headed. Sinclair surprised KWN by telling us there would be a run, by European countries, on the gold they have stored at the New York Fed. Here is what Sinclair had to say when we asked him if the IMF would be selling any gold: “No. The role of gold has changed and gold is moving more toward the central bank then away from it. On top of that you have seen a significant amount of media attention towards, ‘Where is our gold?’ This is taking place in the European press.”
Related posts:
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- Gold Price: Beware! Government Spooks Infest Gold Market
- Jim Sinclair: The Gold Panic, What To Expect In 2012, Last Man Standing & More
- Jim Sinclair Predicts $1700-2100 Gold Price In 2012
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Posted by Profitimes
on Jan 21 2012. Filed under Best of the Web, Free Articles.
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