On 5th April, 2013, Comex spot gold price closed at $1,582.30.
On 7th April, 2013, KWN released audio of an interview with Jim Sinclair ("Mr Gold"...snigger, snigger) in which he predicted that this was a watershed moment, prefacing a huge RISE in the Comex gold price.
Later that same day, having heard that same duplicitous, and insane drivel from Sinclair, PMPete issued the clearest warning to readers that Sinclair's advice was abysmal and led to certain and substantial financial losses for anyone foolish enough to take KWN and Sinclair's self-serving propaganda.
Many lined up to criticize me; and they may as well know now that their criticism is impotent, mere water straight off this duck's back.
For I could care less about blind fools, still following and defending those -the gold 'expert' hierarchy- who would lead them astray in order to profit from their stupidity.
My interest is to protect those with ears to hear, those unversed in the multitudinous frauds and deceits of the gold market, many of which are indeed perpetrated by those who come to you as a friend. Or in Sinclair's case, as caring head of an "Extended Family" and "Comrade"! Anyone who fails to smell that particular brand of pure bullshit is heading for inevitable disaster. Clear, isn't it?!!
Now, before anyone jumps to judge me, let's get an update on the Comex gold price at Friday,17th May, 2013 close. $1,360.20 That is, $222.10 DOWN on the price at which Sinclair predicted a huge price RISE. Now feel free to judge me. And Sinclair. Who's looking out for your better interests? Who's looking to deceive you to benefit his own pocket? Who's trying to open your eyes and protect your wallet?
You choose whose advice to follow. I know the Comex gold price is going much much lower!