Jim Sinclair

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Adamus
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Re: Jim Sinclair

Post by Adamus » 04 Jul 2012, 00:13

Spruitje wrote:Might it go wrong, can we get then a Swiss-German "Ansluss"?

If Switzerland is buying euros to hold the Swiss Franc at 1.20€ and they cover their risks by buying German bonds with those euros. If it goes wrong, we can have a new strong economic region.
Eventhough Switzerland will want to hold his sovereignty.

Misschien willen ze ook bij de Neuro ;)


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Rasta
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Re: Jim Sinclair

Post by Rasta » 07 Jul 2012, 10:15

JsMineset: The War Between Manipulation and Buying

My Dear Extended Family,

Next week is the war between manipulation of gold by the West, and appetite for buying gold in the East, both from friendlies and enemies. Anyone that does not see today’s gold market as a rig is blind or brain dead. There is a full blown crisis in Western world banking today, right here and now. There is a full blown crisis in sovereign debt of some weaker nations as in a very short while certain government will be out of money. The Eurosnobs hate each other which does not make for a fast reconciliation of a crisis.

It is a myth that Western banks are strong enough to weather the storm of a full blown banking crisis in Europe.

It is a myth that the Federal Reserve will stand as the one hawk in the Western world and fiddle while it’s Rome burns.

It is a myth that Obama could be re-elected if the Fed remains intransigent.

It is a myth that Finland or Germany will strike a match to the euro that totally wipes out the largest part of their exports.

It is a myth that governments are ready to face the economic, social and political fallout standing austere as their economies implode, which they will.

It is myth that there is any recovery in the USA. By falling more we will be in a depression.

It is a myth that because thousands of bears email me that somehow they can convince me of the opposite when I know I am correct.

Next week will be the time the cartel tries to break the gold price again. They have failed seven times, and will fail on the 8th. Gold is going to $3500 and above. All the lying and conniving only means the price will go higher. Just as Morgan’s whale could not fight the market, the cartel cannot fight gold as we have a flight away from all fiat currencies.

How can anyone in Europe sleep tonight with cash in the bank, even amongst the stronger nations whose banks are loaded with weak nation’s paper. The house of cards is coming down right now. Trying to manipulate the price of gold to hide the crisis at hand is futile.

If you have your positions on margin you are crazy and I cannot do anything for you. All others stand tall because gold will trade above $3500 and not in some LaLa Land future of Armstrong’s imagination.

Respectfully,
Jim
Eventually there will be an awakening, a balancing of the scales and a bill to be paid, and for that I hold gold - Jim Sinclair

Adamus
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Re: Jim Sinclair

Post by Adamus » 08 Jul 2012, 15:01

No reaction of "the historian".

Rasta's rubbing it in.

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Rasta
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Re: Jim Sinclair

Post by Rasta » 16 Aug 2012, 20:01

Joke of the Day

I was visiting my son last night when I asked if I could borrow a newspaper. ‘This is the 21st century,’ he said. ‘we young people don’t waste money on silly newspapers. Here, you can use my iPad, if you can figure it out.’

I can tell you this, that damn fly never knew what hit it… and, my son learned a thing or two about manners as well.
Eventually there will be an awakening, a balancing of the scales and a bill to be paid, and for that I hold gold - Jim Sinclair

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Indiana Jones
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Re: Jim Sinclair _ Monetary Sterilization

Post by Indiana Jones » 06 Sep 2012, 20:39

Jim Sinclair’s Commentary

Monetary Sterilization: The way to look at this is NOT how it affects a balance sheet (monetary base) but how each action taken in the series impacts economic momentum, and confidence as expressed in the velocity of money. The idea that you show no change in the monetary base and therefore nothing happens is absolute nonsense offered by academics to sell a case. Sterilization to be real, in the monetary sense, is the net impact of the tactics taken, not an accounting treatment. The BS that passes for wisdom is mind boggling. The effect of unlimited bond buying of weak paper (QE to infinity) will not be erased by neat accounting methods defining something that is hard to measure accurately, monetary base.

Follow the money is the best way to answer the sterilization issue. At first I see a comparison to the practically useless operation Twist.
You can academically sterilize the balance sheet accounting wise, but as the funds flow through the system it is much harder to sterilize the actual effect. More simply put, you cannot.
Everything that needs to be said has already been said.
But since no one was listening, everything must be said again.

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Re: Jim Sinclair _ Monetary Sterilization

Post by Adamus » 06 Sep 2012, 22:35

Indiana Jones wrote:Jim Sinclair’s Commentary

Monetary Sterilization: The way to look at this is NOT how it affects a balance sheet (monetary base) but how each action taken in the series impacts economic momentum, and confidence as expressed in the velocity of money. The idea that you show no change in the monetary base and therefore nothing happens is absolute nonsense offered by academics to sell a case. Sterilization to be real, in the monetary sense, is the net impact of the tactics taken, not an accounting treatment. The BS that passes for wisdom is mind boggling. The effect of unlimited bond buying of weak paper (QE to infinity) will not be erased by neat accounting methods defining something that is hard to measure accurately, monetary base.

Follow the money is the best way to answer the sterilization issue. At first I see a comparison to the practically useless operation Twist.
You can academically sterilize the balance sheet accounting wise, but as the funds flow through the system it is much harder to sterilize the actual effect. More simply put, you cannot.
Sterilize, the debt had it's impact already. Now we can go on and make new debt.....

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Rasta
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Re: Jim Sinclair

Post by Rasta » 27 Sep 2012, 18:56

You have to keep reading, because there are some great personal postings on JSMineset.

Jim Sinclair’s Commentary

Major accomplishments, without self realization, is a total life waste. Accolades, in truth, mean nothing. Don’t you think knowing publicly that QE to Infinity was unavoidable years ago, and suggesting preparation for its colossal impact on economies for more than 10 years ought to get you say, a gold star? Nay, only the good old boys from Skull and Bones get such recognition. So far I have been privileged to have the best two market expectations possible in the history of markets, and the net result is if I charged for JSMineset, I might have five readers.

When we call full valuation of gold correctly, we will be forgotten forever. It could be that what you give away has only the value people pay for it. A conservative group in New York that I spoke for last year discussing all that has occurred did not invite me back to speak this year. On a March 2009 Bloomberg radio interview I called the bottom of the bear equity market within two weeks and gold’s trip to $1650. That guarantees you will never hear from them again.

I owe you two more accomplishments. First a corporate success of the same caliber and then full valuation on gold. Assuming that I pull these last two major efforts off, and I know I will, then I will say goodbye to markets and company building forever. I am sure Bert and Jesse are proud of me.
Eventually there will be an awakening, a balancing of the scales and a bill to be paid, and for that I hold gold - Jim Sinclair

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Rasta
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Re: Jim Sinclair

Post by Rasta » 03 Oct 2012, 20:09

QE Is Working And Will Continue To Do So
Bernanke has succeeded so far in saving the financial world from bankruptcy. Now Bernanke and Draghi are in the business of saving countries from bankruptcy. It will work and that is why the wild bears on the euro are wrong. It will work. That is why the wild bulls on the dollar are wrong. Even the cartoon below is wrong.

Uncle did not get the QE treatment but rather Western banks and financial entities got the QE treatment. Study history or relive it. It looks right now like we will certainly relive it.

Currency induced cost push inflation will grab the entire Western world. I do not think it. I know it. That is a form of hyperinflation
My add to this: hyperinflation in the form of high inflation, greatly reducing the purchasing power stored in currencies. As the world is all in fiat currency, we keep using it though, the Dollar and Euro are not going to go away.
Eventually there will be an awakening, a balancing of the scales and a bill to be paid, and for that I hold gold - Jim Sinclair

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Indiana Jones
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Re: Jim Sinclair

Post by Indiana Jones » 03 Oct 2012, 20:17

certainly not, but what are both currencies 'worth' in terms of real assets ?
Everything that needs to be said has already been said.
But since no one was listening, everything must be said again.

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Rasta
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Re: Jim Sinclair

Post by Rasta » 03 Oct 2012, 20:44

Indiana Jones wrote:certainly not, but what are both currencies 'worth' in terms of real assets ?
A lot less. Impossible to put a figure on it.

What I wanted to stress is the "hyperinflation" is usually taken for a currency going to zero. That may not be true this time, though it is still called hyperinflation.
Eventually there will be an awakening, a balancing of the scales and a bill to be paid, and for that I hold gold - Jim Sinclair

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