Tomorrow is the FED minutes and yes it looks like there is a good chance that Sinclair will be right, as per usual. Still it is shocking that with large amounts of QE (money printing) happening in most Western central banks along with huge gold buying by many other central banks and ZIRP forever in a poor jobs environment where consumer spending is under duress and a negative GDP print in the US and numerous negative prints in Europe plus a large sequester coming in the US, it's really unbelieveable that gold/silver assets are where they are. Of course this is but a small list of current events and there are many other reasons for gold assets to be higher and really only one big reason they are not because they compete with US fiat dollars.
I guess all that free money printed cash that the banksters get has come with a caveat lately, gold must be kept under control for the time being as long as possible,. they have done a good job from my perspective but it will end and more badly as a result of the interventions.
