From Jim Sinclair:
Today was long and enlightening for me. I made multiple meetings in New York City with significant money managers.
During these meeting the price of gold rose above the $1764 level which I have repeatedly told you is as important as $524.90 was when gold broke out of its arithmetic up trend and entered its first power up trend. I wish to remind you $1764 is the point where gold moves out of its power up trend and enters into its geometric uptrend. I have also assured you the central banks and especially the US Fed via the BIS and Exchange Stabilization Fund seek not to depress gold, but only to prevent it from running so hard on the upside as to expose the true condition of Western world finance.
There has been significant interventions in the gold price at Angel $1764 with unexpected other central bank accumulation resulting in inexplicable strength in the $1710-$1720 area.
As the strong dollar policy is clearly a policy of softening a long term decline, the interventions in gold have been to modify a desire in the market itself to go ballistic on the upside.
If there was any startling realization today it was that among true geniuses and maturity in major money managers there is a grave lack of understanding concerning the forces at work in the financial can kick of the century now about to take place.
Only one person today knows that the war with Iran starts when Iran is frozen out of the Swift system. In terms of finance, that is a nuclear attack. It was just that threat alone that made Swiss banks destroy their tradition of privacy and send their loyal clients to a mass execution, assuming that they were cheating on taxes.
Not one person I spoke to today ever asked themselves who determines if credit event is a default and what that means to the mountain of credit default swaps that US banks have vended via their non US subsidiaries. By this method the count of these OTC derivatives by the US Controller of the Currency is way short of the true amount of debt insurance banks have sold.
Only one man understood what a commodity currency was and had studied where currency induced cost push inflation had produced severe price inflation during periods of awful economic conditions brought on by all types of debt failure.
I am speaking with leaders in finance who control immense sums of money. If these people do not understand the forces at work what makes you think politicians or their college professor appointees to central banks have a better understanding? The answer is simple - they do not!
Let me share with you the conclusion I took away from today's luncheon.
1. What is going to happen is going to take place in March somewhere between the 14th and 20th in all probability.
2. What will determine the fate of markets is what action China does or does not take in providing funds to IMF bailout funds.
3. I believe China can and will extract significant trade and other benefits for their presence.
4. I believe China will want the same immunity that the IMF just took for themselves on sovereign debt in liquidation.
5. Greek gold will be held hostage to their debt.
6. That will accelerate the modest trend of repatriation of gold for the cellar of the New York Fed to nations like Germany that are certainly able to store their own wealth.
7. There will be an acceleration in the trend of utilization of other currencies than the dollar for contracting internationally regarding goods, service, oil and minerals.
8. I do not agree that we are at the doorstep now of major changes in the international monetary system. That comes in June of 2015.
9. I am certain that we are on the immediate threshold of the monster kick of the financial can down the road that is a dead end.
10. I believe China and the US Fed will assist in that great last can kick that backfires.
11. I am certain that I am in the right business and that business is the identification and accumulation of gold as gold is the ultimate survivor of what is about to happen.
12. I am certain the gold industry is mad as a Danbury hatter in selling their product the moment they produce it.
13. I am certain the gold and silver industry is in a transition back to the dividend producers they once were.
14. I am certain that the volatility in gold, silver and equities we have already seen is nothing compared to what is about to happen.
15. The last man standing among asset categories as the new monetary system is introduced sometime post June of 2015 will be gold and gold alone.
Therefore the soundest investment now is what I, and others (McEwen) are doing in building companies whose inventories of goods to be sold are mineable ounces of gold and other precious metals in the ground moving towards production.
The immense shorts in this industry group are whacked out noobies without a clue.
New mines need never pollute. Old mines can never be cleaned up. Open pit and surface enrichment is the type of gold that will be least effected by rising costs.
Respectfully,
Jim
Click here to subscribe to Jim Sinclair's email alerts
36 comments:
If you play dumb to the silver story, I don't have time for you. Doc, if you talk to sinclair tell him he needs to get some rest.
T
If you talk with Jim Sinclair Doc, please tell him we love him as a wise & trusted older brother.
The more time goes by the more it really does seem like there is a Phyzz prob in London.
4oz
@T - Don't worry, silver story will tell itself.
Peace
some others recently have thrown out dates of 3/23, and 3/31. I won't even dignify who has made these calls, as I find much them less credible than Sinclair, even if I (and some others on this site) are not sure if Sinclair is really on our side. He seems to be but obviously others in similar past positions have seemed to be as well.
But usually what happens with these dates is that everyone gets excited and then nothing happens. Sinclair does run in elite circles. He's still friends with Volcker, and his history is part of those circles. So it's entirely possible he's been alerted. But again, usually these alerts when they're publicized, they're bogus. And often as well, they're the final culmination of discrediting the prediction-phoric. I'm not saying Sinclair is to be grouped with these folks, but we should chart these predictions.
Two years ago he called the countdown from summer to November in the Dollar. So he's earned a lot of respect of good calls (unlike someone like James Turk who says the price is about to explode every other month).
"This is it." Again! No, really, this time for real. You know he's just dying to say it one more time.
Jesting aside, at least he's sounding more grounded again. Here's what I get from this message:
They, Europe/Troika, will wait until the last minute to finalize something concerning Greece (#1.)
It will not be immediately catastrophic (can kick #9) but will start a process that culminates in 3+ years (#8.)
The Greek bailout (or default) and the resulting side effects will require massive monetary printing by the ECB, IMF/Fed & perhaps China (#2,3,4,10.)
There will be a shooting war with Iran ("Israel miscalculates" - previous Sinclair statement) to distract the sheeple and divert blame for the fiscal crisis. This war is already starting as a financial war with Iran being excluded from the SWIFT system (Sinclair intro to message.)
Turkish banks have been supporting/enabling trade with Iran. Turkey suffers some sort of retaliation (trying to tie in previous Sinclair statement - "Turkey is a victim.")
All the above result in the devaluation of the dollar that leads to a further reduction of use in international trade (#7) and by extension in national currency reserves.
The loss of confidence in the dollar combined with the repatriation of massive quantities of now unwanted dollars will trigger hyper-inflation in the US.
Sovereigns will want their gold in hand.
Buy gold.
Silver sucks.
Anonymous 1252 said:-
"If you talk with Jim Sinclair Doc, please tell him we love him as a wise & trusted older brother."
Ho! Ho! Ho!
Jim Sinclair (if you study his background) IS one of the "Illuminati"
You can also probably take his latest offering as being true.
The "Illuminati" always signal what is about to happen.
Him and his "financial buddies" (Rothschild, Sachs, Morgan etc) have already planned what will happen between 14th and 20th March. Another false flag atrocity.
When it does happen there will even more people who think he's one of the "good guys".
George I stopped listening to Jim's predictions a long time ago but he always identified the banks like GS as the rogues who would steal all your money if you did not protect yourself...which they are doing. I am always suspicious too. However I don't know of anything connecting Jim to Illuminati.
For those who claim Sinclair has ties to Illuminati and Rothschild, can you provide evidence/links supporting your case? Im open to changing my opinion, but please provide your rationalization for your stance.
Anonymous at 6.52. Here you go. This is a simplified explanation:-
http://wakeupfromyourslumber.com/blog/pandora/outing-jim-sinclair-sinclair-rothschild-goldman-sachs-lehman-bros-connections
Jim is a singular guy, not an ordinary goldbug. He is a Sinclair (Saint-Clair family), one of the 13 bloodline families - http://www.whale.to/b/sp/blood.html. The Saint-Clair Family are direct descendants of the Knights Templar, pedophiles hell-bent on world domination. Jim may be the rebel of the family, I don't know, but he sure is extremely successful; rebels are NEVER extremely successful.
Even though he may have thrown us an important clue here, I don't like him. Although I do very much like James Turk, and believe that he does try to help out the little man; this is obvious in his interviews. I have emailed him directly myself on 2 occasions, and both times he has replied with helpful comments, even though I am a nobody.
James's predictions will be based on what he sees happening at goldmoney, which is perfectly valid and quite a unique source of info. on phyzz buying and selling. While Jim's predictions are based on what he hears from our would-be overlords, the Rothschild Parasite Family, which controls the Fed, BOE, Goldman, etc, to which he is inextricably linked (see link from George Silver, above), and probably subjugated.
In conclusion, even though I don't like or trust him, I think I will batten down the hatches anyway!
Great find Georgesilver, I always had my suspicions as to why he never mentioned silver and always gold. There's your answer. He knows what's in store for gold holders further down the line.
FWIW, I heard rumors about a timetable being set for a Greek default about a week ago:
http://hat4uk.wordpress.com/2012/02/16/greek-default-exclusive-senior-us-bankers-given-explicit-timetable-for-athens-default/
It gives a firm date of March 23rd for the event. Seems to correlate with what Jim Sinclair is saying here.
He knows there are not enough silver as their toys, so he commented silver a game...
...bug is bang on! I got the same information.
Beacon
Reading these comments, I would like to say some of you are very ignorant.. Sinclair is illuminati? lmao..... Sinclair the boy who cried wolf.. lmao..... all I know is the man in 2001 or so said that Gold would be at 1650.00 an ounce on January 1st 2011. well he missed that date and price target by 6 months on a 10 year prediciton. Some of you people are so paranoid you can't see the forest for the trees. Sinclair is one of us. I trust Jim Sinclair.
^ what sierra said!
Timing is everything...
March 11 is the first anniversary of the Fukishima earthquake & subsequent nuclear meltdown. Much attention will be focused on this, while they try to slip Greece's default under everyone's radar.
Read carefully:
"...are mineable ounces of gold and other precious metals in the ground moving towards production."
Other Precious Metals = Silver
There, Jim Sinclair is pro-silver after all.
In reality, what people need to realize is that gold and silver are two sides of the same coin: money. This has been proven throughout history.
SOME OF YOU GUYS ARE STARTING TO SOUND LIKE A BUNCH OF KOOKS!? JIM SINCLAIR IS ONE OF THE ILLUMINATI?? GIVE ME A FUCKING BREAK.
GO WEAR YOUR TINFOIL HAT SOMEWHERE ELSE.
FUCKIN FREAKS, YOU'RE MAKING THIS SITE LOOK BAD.
i agree with Sierra - some of you are getting so paranoid you can't even function.
The whole fucking world isn't out to get you.
Buy some gold and silver, fiat currency experiment has gained us much in terms of technological advances medical advances etc. Now that is coming to an end and the middle class will foot the bill.
simple as that, no big illuminati plan to kill americans etc.
fucking kooks is right, jesus christ.
Some of ya'll do sound like a bunch of freaks. I bet your family and friends think you're fucked up.
And the main thing is that NONE of you ACTUALLY know anything !!!! NONE of you know if there even is an illuminati, you may think you know. but you don't really know.
Shut the fuck up, you're disrespecting the DOC's site with your tinfoil hat wearing paranoia.
George Silver, you are a freak. Plain and simple. A freak, too strange to live.
I bet you are a real outcast in real life due to your need to shock and look down on others.
Go to SGS's shitty ass site and complain and spread your crazy tinfoil hat theories over there
The morons and "kooks" are the ones who cannot say anything without foul language. Most morons who swear in print have sub-level IQs. That's why they need to swear.
Anyone that doesn't join in the "love fest" and "adoration" for Jim Sinclair is branded a tin-foil-hat wearer. This is another way to spot low IQ morons they trot out the same old tired descriptions.
Listen to his words. Listen carefully to what he says. Look up his history.
We can all agree to disagree but what is plain moronic is the swearing and self-appointed police state mentality the Anonymous 11,26 and 11.30.
Both are frightened little individuals hiding behind "Anonymous".
George Silver, you are a conspiracy freak. You hope and pray that all your silly little conspiracy's are true! You want the world to be this big scary illuminati battleground where it is David vs. Goliath and there is a shooting civil war.
You live in a fantasy world, a dream world at best. And the worst part is that you try to convince your friends and family and anyone who will read what you write on the internet into believing your big scary theories.
You are a scared pathetic little man hiding in your cave screaming wolf to everyone who will listen.
Freak.
George Silver, Jim Sinclair is out to get us!!
Be careful!!
LOL
Anonymous 11.51
Who is the scared little freak hiding behind "Anonymous" So frightened you dare not use a name.
I view you with sad contempt.
Illuminati?
http://troll.me/images/ancient-aliens-guy/illuminati-aliens-thumb.jpg
ALIENS!
It is good to be suspect, and to search out the truth. And there are 'hidden' forces at work, despite the naysayers.
Those who respond with emotional name-calling and personal attacks when the word 'Illuminati' comes up only reveal their lack of knowledge about the true history behind world events. Not everything is as you were taught in school, or as you heard from the mainstream media outlets.
“Since I entered politics, I have chiefly had men’s views confided to me privately. Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they better not speak above their breath when they speak in condemnation of it.”
- US President Woodrow Wilson *The New Freedom (1913)*
Mr Sinclair made some very good points in this commentary. And, his opinion is that gold is the way to get thru this. His opinion is that volatility is going to be a big issue in the months ahead. This means that silver will be even more volatile. I assume that he means much more volatile than it has been for the last 9 months or so. I am going to lighten up on silver when the time is right and get some gold.
George Silver is entitled to his opinion, as is everyone. But the little-minded here, who feel threatened when someone expresses an opinion different from their own, just reveal their fear of having to have an opinion of their own. They are so terrified, that they throw insults and swear words .. grow up and accept that each of this us in this situation makes our decisions and then we (and our families) take the consequences. So, to the little men, stop crying in fear, and start to THINK CLEARLY, or it will be too late.
Of course there is an illuminati, who do you think can organise so many atrocities, space weapons, PM-suppression schemes, food, air and water poisoning? I mean could we do all that? NO, we couldn't! Governments couldn't even do it, it is a force much more secret and powerful than that.
These families currently rule the world, get over it.
Conspiracies aside... and they seem to never end.
While some here are debating Sinclair's blood-line - like they have his DNA chart.....
I'll be buying 2 more rolls of ASE's this weekend at my LCS.
Keep Stacking.
And that's todays message.
Yeah, George is quite correct, and the link is correct too. Jim Sinclair is of the same blood line family as Princess Diana, Merovingian. Said to be the bloodline of the antichrist. But, whatever it is, all these families are bound by a wish to rule the world.
Anon 2:08. So first you put 'conspiracies aside' and then you disparage discussion on the matter by inferring we infer too much. Conspiracies never end for those who have no opinion on the matter.
If you believe that Jim Sinclair is illuminati that don't read his commentary. Maybe you should read Bob Chapman's commentary. Bob brings no new idea's to the table and is consistantly wrong in his predictions. Bob is not illuminati so he should fit the bill perfectly for you. We need to find analysts we click with I think. I find Jim Sinclair to make a lot of sense and I agree with much of what he has to say. Thats just me.
anon 12:28 is right on in this. sinclair may be one of us, or he may be a gatekeeper creating a limited hangout for those of us who don't think inside the cnbc box. if the elite really want all the gold and silver for themselves and are willing to deceive nearly all the populace to steal their wealth, do you think they want to share that wealth with people like us, who think critically want their dangerous system aborted? of course not.
seemingly (and FOFOA makes a case against this) they want all that for themselves. so they're going to do whatever they can to trick us into giving them our wealth, however, big or small it may be (see all the poor people who were targeted during the last housing bubble).
so i think it's healthy to remain as skeptical of those who seem to be on our side, as we would of other wealthy people who run corporations and engage in culture-creation, and massive PR psywars against us. It is possible that Sinclair is a higher level of gatekeeper (like Alex Jones, and Alan Watt, etc).
We don't know. so keep critically thinking and looking at the evidence and use your intuition to figure out what's right for you. George Silver does that. He's suspicious. Others of us are not? I'm personally not sure what Sinclair really is or whose side he's on. But I'm not going to trust him. I will listen to him, and think for myself. but trust? absolutely not. none of us should trust anyone who hasn't been loyal to us personally for long periods of time in times of good and bad. trust is reserved for people close to us.
hopefully sinclair is genuine. either way, he has access to some very high level of info and rubs shoulders with the elite.
his comments should be looked at objectively just as everybody else's. As far as the illuminati go, they are real but we will never know who and who is not a part of it. All I know is it take someone that is pretty sure of what he is saying to come up with dates, albeit that "something" is very general. We have a system that the wealthy are in control, hence the troika, so for him to say that does carry some weight. And by him simply providing information he is not picking sides, just making a statement. I highly doubt that he is trying to trick anyone reading his statements, and if he does have a devious plan it would most likely be to glorify his own foresight. Just take it for what it is and plug it into your own matrix and make a decision.
Uhh.. I was reading an earlier post about his dollar collapse call in November 2009. People are praising him for calling the plunge in summer? Wtf???
His call was that in November 2009 the dollar would plunge. Go open up a chart and see what happened to the dollar, it sky rocketed it for the whole year.
I would take his predictions with a grain of salt, or even with high suspicion to his true motives.
Post a Comment