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Today's coordinated attack on gold will fail miserably, Sinclair says

Section: Daily Dispatches

8:47p ET Wednesday, April 10, 2013

Dear Friend of GATA and Gold:

Jim Sinclair is as fearless as ever in his latest interview with King World News, commenting on today's "massive and coordinated attack on gold." Sinclair says "it will have an effect on the paper market, but it will have no effect whatsoever on the physical market where the sovereigns trade." He concludes: "This raid on gold will fail miserably, and the recovery will be even more ebullient than the decline. We may decline $25, but we will go up many hundreds of dollars from here."

An excerpt from the interview is posted at the King World News blog here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.


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