Major Vindication for Gold's Greatest Guru
By navigating two successive bull markets for gold over the course of past 40 years, with unrivaled success and uncommon insight into every aspect of the global macroeconomic landscape, Jim Sinclair has cemented his legacy as the greatest precious metals guru of our time.
Imagine: He sold 900,000 ounces of gold in January 1980 at $810 per ounce. In 2001, he no doubt began accumulating aggressively when he initiated his call for $1,650, which he now views as a target so low it will one day be viewed as "silly". He is living proof that an truly insightful read of the macroeconomic landscape can form the core of a highly successful long-term investment strategy. He saw the financial crisis coming years in advance, and positioned himself accordingly. Whatever happens from here in gold, his accoimplishments to date already guarantee his legacy. It's an incredible achievement.