"Jim Sinclair’s Commentary As of today the door has slammed shut regarding both the belief that the Fed has omnipotent power to back up the equity bull market and the Plunge Protection Team can protect the equity or any other market no matter how awful the selling is. Soon, before September ends, the door opens up to silver and gold as the last men standing." We were always led to believe that JS picked the $800 top in gold. He now says he was told about the top in 1979 and he was told again. In other words he doesn't know any more that the rest of us. We shall see!