Equity check after recent gold price rise..

In a recent Interview Between Jim Sinclair
and Jim Puplava :


Here are the KEY POINTS about the shares...IMHO

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JIM SINCLAIR:

The answer to your question about where the relationship between the stock market and gold shares is really a question of how many people are both in equities as well as in gold securities. And it is also a question, in this unique environment, which way is gold going to go. So it’s a two-part question.

And there’s no denying a significant down in the US equity market would put a temporary psychological pressure on the gold shares.

......

I don’t think in truth that should challenge the gold shares because how many out there are really long a lot of equities and a lot of gold simultaneously?

I don’t think the listeners would all be raising their hands. I don’t think you find funds that are in that condition. I think that’s a condition that would be better described as a mental condition more than a real condition.

http://www.financialsense.com/fsn/BP/2007/0915.html