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Subject Change in spread management by bullion banks will send gold prices to $3,500-12,400 says Jim Sinclair

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Original Message In his latest missive, Mr. Sinclair explains: ‘You must note how central banks are either buying or protecting their gold reserve positions now. This is total about face two years ago. There is another change coming which is a replacement monetary system and the need for some asset on central bank’s balance sheets to have positive value, especially in the USA. Soon all that is required is a change in spread management by the gold banks and you will have whatever price the gold banks want from $3,500 to $12,400.’

[link to www.arabianmoney.net]

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