Posted by rahrens_1 on January 09th 2013 at 01:41 pm
An interesting read with some analysis by QB Asset Management that has a plan to being back stability to the banking system. Would be sweet, but I don’t see it happening.
See link here.
Jim Sinclair has said gold is moving back towards the financial system, not away from it.
The comments I find most interesting are of gold going to $3400 and the impact on miners. At some point gold will jump to new highs and investors will view miners very differently, I expect a panic move into precious metals. May be months away but more likely at least a year or two out yet. I am of course bias due to my McEwen Mining, MUX, and Rubicon Minerals, RMX investments.