Thursday, December 29, 2011

Jim Sinclair: Gold to Trade from $1700-$2100 in 2012

The legendary Jim Sinclair told Ellis Martin he is looking for a 'modest' gold price of $1700-$2100 in 2012.
We think gold could trade as high as $2300 in 2012, with a 2012 close in the range of $1900-$2000, if gold's annual percentage gain throughout the bull market to date of 20-25% continues.