To The Gold Community
from
James Sinclair
The present reaction in gold and gold shares coming so soon on the heals of the June-September experience has caused many of you, most certainly those new to this field, significant discontent. I understand that. However, I stake my 43 years of experience and my hard won reputation on what I am about to say to you.
Take heart. This decline is short-term and only a natural reaction in gold shares which will run its course on the downside, IMO, by October 19th to October 23rd. Many of these share will establish new highs thereafter. Four of the five required fundamentals are in for a long term gold bull market. I am convinced that the "5th Element," a long-term top in 30-year US Treasury bonds will join before much longer.
IMO, having not acted to reduce your exposure by 1/3 on my 9/23 VIP on this site, you should hold your fully paid cash positions in gold equities. I say this because I believe it and I am concerned by your many messages to me seeking my help. My advice to you is my advice to myself.
Regards,
If there is one consistent theme over the months, it is that the worst is yet to come, and the smart thing to do is buy gold and silver. How long has this website been around? Are there examples of articles by Mr. Puplava in which he recommends NOT buying gold or silver? Just wondering.