Updated post
Jim issued a note to readers yesterday. It is worth a look.
2012 will be the year of actions and consequences with a range in the price of gold, in my opinion, between $1700 and $2100. This is the absolute opposite of what was generally anticipated just one week ago.
2012 will be the year of consequences for actions, more so than just in the price of gold and the unexpected dollar weakness of the 2nd half. It will be payback time.
Click here for Jim Sinclair’s latest interview over at kingworldnews.com.
I would say that when we go to QE3, in the US in 2012, that could accelerate the call for delivery on gold from the New York Fed. It’s exactly what will happen. You see it already in the European press. Accepted media, which is main media over there (in Europe), is discussing it….
muses of the moment 