Jim Sinclair said,
"The attempt to keep (the gold market) from moving higher, creates, by nature,a spring, a coil as it were in markets. If the spirit of the gold market could have been broken, it certainly would have been broken down at the $1,500 level. This thing is turning into a spring, into a coil, and when it goes it's going to be something to behold on the upside. Both in the shares and in gold itself."
"When you feel the worst, when you get to the point where you say, 'I can't take it anymore,' toughen up. Everything that you are doing you are doing for good, right and logical reasons."
"Markets are not necessarily illogical. They can't hold the negative trend against the fundamentals, as long as they have, without great change coming, almost a transformation. It will take place in the gold shares and it will take place at a much higher price...."
