My Blog
Jim Sinclair - DOW Down 1,000 Intra-Day, Gold $1,210
Eric King: On a day when the DOW closed down 430 points after falling 1,000 points and gold closed up $33 to roughly $1,210 we were able to get an interview with the legendary Jim Sinclair who was kind enough to spend some time making sense out of what is happening in the gold and equity markets for King World News listeners globally.
May 6, 2010
Jim Sinclair: “Well a crisis in a currency anywhere now creates purchases of gold from that currency area...But it’s like a bunch of kindergarten children running around in the play yard with a significant plan of attack in terms of how they intend to support their various weak states.”
Jim goes on to talk about the gold market, the Euro, the US Dollar and why the markets are convulsing. The interview is just over 10 minutes long and Jim Sinclair is the one person I wanted to hear from considering the action in the markets today. Enjoy the interview.
To hear the Jim Sinclair interview CLICK HERE.
