Wednesday, May 11, 2011

Jim Sinclair: "We Have Not Established a Top in Silver"

We've been reading Jim Sinclair for 7 years, and for as much of a hardcore (and perhaps original) goldbug as he is, we have rarely seen him discuss silver.  On the few occasions that he has discussed silver, Mr. Sinclair has stated his beliefs that silver is more of an industrial metal than a monetary metal.  While he doesn't seem to have lost his preference for gold, today Jim Sinclair stated that silver has not established a top, and that its recovery this week has been so strong that the only conclusion that can be reached is that silver is headed higher.
Blythe had best be getting back to work from her 4 day holiday.


Click here for Jim Sinclair's Interview on Gold and Silver Price Action: