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Pento sees QE4 in place already; Sinclair says gold will soar when you sell

Section: Daily Dispatches

7:45p ET Tuesday, October 1, 2012

Dear Friend of GATA and Gold:

Fund manager Michael Pento tonight tells King World News that the Federal Reserve today unofficially announced a fourth round of "quantitative easing." An excerpt from his interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/10/2_KW...

And Jim Sinclair writes tonight that the gold market manipulators will stop pushing gold down and start pushing gold up "as soon as the big boys have all your gold and all the gold shares you are willing to give them." Sinclair adds, "There is no way that the present giant shorts in the good gold shares can cover. The only reason they are not yet in panic is that their long period of winning has made even the smartest of them stupid." Sinclair's commentary is at JSMineSet.com here:

http://www.jsmineset.com/2012/10/01/in-the-news-today-1324/

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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