Jim Sinclair

[Paul]

very good. I can live with this.
a virtual standard reserve currency
that would work

Armstrong and Sinclair are in the same boat when solutions need to be found.
good for moral when true experts start agreeing.

[Rasta]

Interview with King World News: Jim Sinclair - CB’s Trying to Keep Gold from Rising Violently

audio interview [19:55]

[Rasta]

[Indiana Jones]

Tell A Lie Big Enough, Loud Enough And Long Enough And The Sheeple Will Believe

February 18, 2012, at 2:45 pm
by Jim Sinclair

Dear CIGAs,

Have you considered the States of the US Dollar Union have financial problems equal to and in many cases in excess of the States of the European Union?

Have you considered that as bumbling as it has been that Europe has admitted their problem?

As ineffective as those euro initiatives might be, some action is being taken, while the Union of States of the US Dollar are united primarily in kicking the financial can (together with the US Fed) down a road now at a DEAD END? I have demonstrated to you why the road is now at its dead end in the recent three interviews and three special emails.

Don’t be lulled to sleep by the utilization of the insult that calls certain members of the EU PIGS.

The dollar crowd has not even considered that they have a problem so no cure to the liquidity addiction of the dollar crowd is possible.

Sleep on with illustrations like the one below. You will get a rude awakening come June this year as international dollar utilization sunders badly, setting a major unexpected down trend for the dollar and gold’s greatest ever ascent.

It is NOT the euro that is being sucked down the whirlpool of loss of value based on loss of utilization. It is the US dollar that is in the greater danger of loss of value due to loss of utilization.

[Rasta]

JsMineset: Companies With Mineable Ounces Soundest Investment For Coming Volatility

My Dear Friends,

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

[Indiana Jones]

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

[Rasta]

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

And that one too

But that should not be a surprise for anyone on this forum.

[Indiana Jones]

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

And that one too

But that should not be a surprise for anyone on this forum.

guess this is what he ment ...

[Rasta]

King World News: Jim Sinclair - 1980 Was a Warmup, Gold to Range $400 a Day

Today legendary trader and investor Jim Sinclair told King World News that movements in gold will become so violent that gold will become untradable to individuals. Sinclair also said that gold will be the last great bubble as it goes into a geometric uptrend. Here is what Sinclair had to say about what we can expect to see going forward: “Liquidity, it’s as simple as that. All of this is the event that’s taken place many times in history. Many times in history there has been an inflation caused by volatility in currencies called currency induced cost push inflation.”

Jim Sinclair continues:

“The younger generation has no concept of this. They look at inflation as ebullient business and they look at deflation as being a breadline. They don’t recognize that during a period of extremely difficult business conditions, (you see) some of the highest rates of inflation.

It’s a question of whether our indicators will ever show inflation again. But the truth is if you go back to how the inflation was calculated in the 1970s, you get a good look at what’s going on right now....

“This great kick of the can down the road will only be cured by a commodity currency. That’s how it’s been cured all throughout history and that’s how it will be cured this time. 1980 was a dress rehearsal. This time gold is going into the system.

The last man standing will be the standard that will hold the currency and correct the problem, that’s gold. That is the only investment that will make it through this turbulent period, regardless of how volatile it may become.

We opened up the week in which the price of gold has changed $60. But we’ve been changing to $60 during a day’s session. There will be times when it will be in the hundreds (of dollars) during the session. You will easily see a $400 (range in gold) in a day, there is no question about it.

Back in 1980 we had days where gold moved $150. What do you think is about to happen if what we’ve just been through is the beginning of a geometric uptrend? Gold will be untradable to the individual.

There’s no question that every market, prior to reaching maximum valuation will take on a characteristic. That characteristic we’ve defined as a ‘Rhino Horn.‘ There has been no such event in the gold market and in the gold share market even less so.

There is no evidence of a top. Before this market is over, we will see what we’ve seen in all markets that go into it. The last great bubble which will not break is gold.”

[Indiana Jones]

King World News: Jim Sinclair - 1980 Was a Warmup, Gold to Range $400 a Day

Today legendary trader and investor Jim Sinclair told King World News that movements in gold will become so violent that gold will become untradable to individuals. Sinclair also said that gold will be the last great bubble as it goes into a geometric uptrend. Here is what Sinclair had to say about what we can expect to see going forward: “Liquidity, it’s as simple as that. All of this is the event that’s taken place many times in history. 1) Many times in history there has been an inflation caused by volatility in currencies called currency induced cost push inflation.”Jim Sinclair continues:

2) “The younger generation has no concept of this. They look at inflation as ebullient business and they look at deflation as being a breadline. They don’t recognize that during a period of extremely difficult business conditions, (you see) some of the highest rates of inflation.
It’s a question of whether our indicators will ever show inflation again. But the truth is if you go back to how the inflation was calculated in the 1970s, you get a good look at what’s going on right now....

“This great kick of the can down the road will only be cured by a commodity currency. That’s how it’s been cured all throughout history and that’s how it will be cured this time. 1980 was a dress rehearsal. 3) This time gold is going into the system. The last man standing will be the standard that will hold the currency and correct the problem, that’s gold. That is the only investment that will make it through this turbulent period, regardless of how volatile it may become.

We opened up the week in which the price of gold has changed $60. But we’ve been changing to $60 during a day’s session. There will be times when it will be in the hundreds (of dollars) during the session. You will easily see a $400 (range in gold) in a day, there is no question about it.

Back in 1980 we had days where gold moved $150. What do you think is about to happen if what we’ve just been through is the beginning of a geometric uptrend? Gold will be untradable to the individual.

There’s no question that every market, prior to reaching maximum valuation will take on a characteristic. 4) That characteristic we’ve defined as a ‘Rhino Horn.‘ There has been no such event in the gold market and in the gold share market even less so.There is no evidence of a top. Before this market is over, we will see what we’ve seen in all markets that go into it. The last great bubble which will not break is gold.”

1) been said before, WE know what he means but most economists don't
2) I quote Alf Field:"the lost generation" that has no clue what we are facing and what is the real function of gold other than a precious commodity.
3) gold into the system actually doesn't have to be freegold but can also become some kind of goldstandard like we didn't see before. I'm sure the system won't decide, because the system has no free will. Eastern and Western governments will decide for us and for the system.
4) like Alf Field said before, gold can reach $ 10/K or more. at some price however gold has to enter the system and that could easily be $ 5/K. in fact nobody knows and we'll have to wait and see. I'm convinced that before gold enters the system gold will form a top and fall back to a certain price world governments can live with. we'll analyse this action afterwards as a rhino horn.