With this board being the Internet's most popular gold forum, I feel it's appropriate to honor Jim Sinclair's decade long prediction that spot gold will trade at $1650 on or before January 14th, 2011 so that members can add their congratulations when that number is achieved some time before next Friday's close.
The price is currently just $280 away from the target number which equates to a rise of less than 21% for his magnum opus call to hit.
Uncle Jim, as he is affectionately known by many, remained steadfast throughout 2010 when reaffirming his call at regular intervals. He always did so using statements that left no room for any ambiguity and they served to reassure his readers and admirers to retain their trust in him.
He stiffened their resolve once again a little over five weeks ago on December 2nd and by doing so his ten-year-old call became a six weeks one too. Those remarks and other recent ones are quoted and linked below.
December 2nd, 2010 - 'Be assured that the gold price will be looking back at all levels including $1,400, $1,500 and $1,600 in the very near future. http://jsmineset.com/2010/12/02/in-the-news-today-724/
September 7th, 2010 - 'I will stand with what I have said for nearly 10 years. Gold will trade at $1650 on or before January 14th, 2011.' http://jsmineset.com/2010/09/07/stra...-the-big-move/
July 27th, 2010 - 'The timing remains the same. Gold will trade at $1650 on or before January 14th 2011.' http://jsmineset.com/2010/07/27/jims-mailbox-497/
July 6th, 2010 - 'Gold is going to $1650 on or before January 14th, 2011.' http://jsmineset.com/2010/07/06/time-and-time-again/
June 8th, 2010 - I know for certainty that gold will trade at $1650 on or before Jan 14th, 2011. http://jsmineset.com/2010/06/08/in-the-news-today-566/
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