Jim Sinclair today stated that the current sell-off sets the foundation for $5,000 gold. Sinclair also yesterday stated that we have not yet seen the highs for silver as well. $5,000 gold implies silver at $312.50 even if it only reaches the historical average of 16:1, much less if silver overshoots this ratio, which we believe it will.
Stay the course, and for goodness sakes, BTFD!
From Jim Sinclair: