You think so? I see it this way, QE3 begins that's an admission that the US economy is up the shit and going nowhere, that puts pressure on Obama.
No timeframe, just the comment. But I'm taking it that the more erratic the POG the closer we are to a resolution. I'd expect the 1900-2100 will be achieved in something like that sort of movement and probably fall back below 2k on renewed pressure from the Central Banks. Sinclair says that the next stop point (from memory - is around 2177), so that is the point that the Fed et al will be furiously pushing on gold so that the population doesn't get too excited. He doesn't say when the 2177 (I think) target will be hit, but he says it is tied to the QE to infinity plan. Once it breaks that level, from my assumptions reading him, the next stop could easily be 2500 before they manage to halt it and push it back toward the 2177. I saw another chartists view that the rise to 2500 will involve two corrections of (circa) 16% and that more or less ties in to Sinclair's view point, so all the tarot reading lines up for inescapable rises when QE(new) hits and that looks like before the US election - to keep the good news in place and make the voters think that something has changed. I'd expect that renewed pressure then will push it down (after it breaks past 2177) but once the SHTF in 2013 is when I expect to see the rush to 3k in anticipation of inflation OR the fall to 1600 again in anticipation of deflation. My vote goes with >3k for what it's worth. If you want to keep up with Jim Sinclair his blog is: http://www.jsmineset.com/ He has a strange style but he certainly seems to know his business - or at least brings that sort of confidence to his projections anyway. e.g.
Interesting that a thread is made when gold went up $40 what about the thread that says gold went down $60 3 days later? Think a lot of posts are intended to get people excited, wonder how many bought because it went up $40? Lesson to learn here is.. never listen to those that have your money in their mind.
No but it would be illogical to start a new thread with information that pertained to the old thread while the old thread was still going. Nothing was swept under the carpet, well not for anyone with time and working eyeballs
