Posts

Showing posts with the label Jim Sinclair

Jim Sinclair’s Commentary - March 28, 2012

Add this to the peace time Marshall law by presidential edict and you will understand the auction of my Sunnyview Farm promoted in the top left corner here on JSMineset. On multiple occasions I have broadcast my message to you by my action of buying gold. All these changes are not for fun or wall paper. They are tools that are presently or going to be used in the future. I have told you for years that if you did not have privacy do not try and create it as Big Brother watches everything, especially bank wires via the Swift system. Privacy is DEAD everywhere in the Western world. Somebody in the family must protect the family, and make way for the extended family. Many times I have broadcast a message by example. Recall I stood ready to buy back every gold coin you bought at $400. Did you do anything? Recall the wager on the price of gold at $1650. Did you do anything? You will recall the auction of my Sunnyfield Farm in 2015-2017. Will you have done anything? Probably not. ...

Ellis Martin Report with Jim Sinclair and the Nuclear Economic Trigger-Breaking News

Image
In this week's interview with Ellis Martin, noted analyst and gold guru James Sinclair outlines not a scenario but a reality that is here now. The US has pulled the nuclear economic trigger on India and Japan in the interest of coercing them to cease trading for oil with Iran. The gun is actually pointed at ourselves. Listen and hear why the dollar is ultimately doomed as these countries now look to the Yuan and Euro as a trading tool instead of the dollar. That's India and Japan...Russia....China.....Europe....etc.

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 ...

Gold Heading Back Towards A Monetary System, Not Away

The following is a missive that we received from Jim Sinclair today, who is the host of a web site called Jim Sinclair's MineSet in our humble opinion its well worth the time spent on reading what he has to say. The above link will take to his site and his updates via email are free, so you have nothing to lose by signing up for them. Dear Friends, The Gold Aficionado's greatest fear is totally without basis. The price of gold will not fall significantly from its points of true standard valuation and the introduction of a new currency system. Gold is heading back towards a monetary system and not away from it. The producing gold company of the future is the new utility as it dividends a majority of its profits to its shareholders. The fact that gold is money and not a commodity is the safety latch that opens on its own when all other forms of money close. Gresham's Law is human nature seeking a standard when all other forms of exchange have mutated to casino chips ...

Jim Sinclair - CB’s Trying to Keep Gold from Rising Violently

Today legendary trader and investor Jim Sinclair told King World News that central banks are trying to keep the price of gold from rising violently. Sinclair also believes we are entering a period where currencies will lose their ability to function as money and instead will act more like casino chips, while gold ascends. Here is what Sinclair had to say about the ongoing financial crisis: “What needs to be understood by our listeners, Eric, is when a haircut takes place, what you give with one hand, you take with another. Now the problem becomes the problem of a bank’s asset having been reduced and the bank’s ability to function reduced and the bank’s abilities to positively pass tests of liquidity have been reduced. And the psychology of the stability of a system has been reduced.” Jim Sinclair continues: “When that takes place there has to be something on the other side called liquidity, which is injected into the banks to overcome the haircut reduction. Not only that, but...

Breaking News Ellis Martin Report with Jim Sinclair

Image
Breaking News: January 30, 2012. In this unedited interview with Ellis Martin, Jim Sinclair reveals an impending undeclared default of 5 major US banks this week per the ISDA International Swaps and Derivatives Association related to events in Europe. Listen and learn.

Jim Sinclair - Mainstream Entities Will Now Enter Gold Market

With gold and silver exploding to the upside on the Fed announcement, today King World News interviewed legendary Jim Sinclair, to get his take on where things are headed. Sinclair told KWN he now expects mainstream entities to enter the gold market. Here is what Sinclair had to say: “Today is an important day. There are many days we talk but this is a mile-marker. What the Fed did today is they turned on the light of what will be QE to infinity. Today the light went on with regards to the intentions of the Fed. They did that for very specific reasons, we have troubles people can’t see and this is one of the ways out.” Jim Sinclair continues: The announcement itself is a game-changer because of the way this game is going to change, Eric. I think you are going to see a very significant change amongst investors, corporations and companies with extra capital and people of the mainstream. You’re going to find gold being accepted as a hedge against what’s going on by entities, ...

Jim Sinclair - Hathaway Correct, Gold Shorts to get Squeezed

Tremendous fear remains in the gold market, even as gold has recovered from recent lows to hit the $1,640 level. Today King World News interviewed legendary Jim Sinclair, to get his take on the situation. When KWN asked how his father, Bert Seligman and Jesse Livermore would have known we hit a bottom in gold, Sinclair remarked, “There would be two reasons why: Number one, you can’t identify, especially over the last seven sessions, where that demand was coming from which began to give the gold market an entirely new look. Secondly, they (Bert Seligman and Jesse Livermore) also had a strong feel for tops and bottoms in terms of momentum at extremes.” Jim Sinclair continues: “A bottom is always the way it was as John (Hathaway) called it, complete and utter despair in both the futures market and in the share market. In my experience, in all my time I’ve been in markets, I’ve never seen a more negative impact on holders of an asset than what occurred in this last takedown in gold...

QE to Infinity And Beyond

At JSMineset.com , one commentator offers a pithy summary of this week’s long-term refinancing operation (LTRO) measures from the European Central Bank: “Today the ECB provided a nearly half trillion euro loan to European banks. More than 500 European banks took this 3 year loan at 1% interest. The ECB plans to do another 3 year loan offer early next year (maybe February). In exchange, banks are supposed to buy Sovereign Debt from European countries. Banks can pocket the huge differential in interest! What a Christmas present! Jim, you said it first. Western governments are into QE to infinity!” Given European banks deleveraging needs, however, sovereign bonds may not receive the bids that some had hoped. Reuters notes that bank analysts expect no more than €100 billion of these loans to be used to purchase more sovereign debt from the likes of Italy and Spain . Morgan Stanley estimates some €20-50 billion euros of Italian bonds could be bought. To put this in cont...

Jim Sinclair On Gold Manipulation

Jim Sinclair is primarily a precious metals specialist and a commodities and foreign currency trader. He founded the Sinclair Group of Companies (1977), which offered full brokerage services in stocks, bonds, and other investment vehicles. The companies, which operated branches in New York , Kansas City, Toronto , Chicago , London and Geneva , were sold in 1983. From 1981 to 1984, Mr. Sinclair served as a Precious Metals Advisor to Hunt Oil and the Hunt family for the liquidation of their silver position as a prerequisite for the $1 billion loan arranged by the Chairman of the Federal Reserve, Paul Volker. He was also a General Partner and Member of the Executive Committee of two New York Stock Exchange firms and President of Sinclair Global Clearing Corporation (commodity clearing firm) and Global Arbitrage (derivative dealer in metals and currencies). Jim Sinclair talks to Eric King at King World News on the gold manipulation. Listen to the interview here .

Jim Sinclair - Why Gold Was Smashed Today & What’s Next

With gold trading down over $60 and silver lower by more than $2, today King World News interviewed legendary Jim Sinclair. When asked about the action in gold, Sinclair stated, “Statements made by Mrs. Merkel, in Germany, this morning would have us believe that both the US Fed and Germany’s influence on the ECB would result in a willingness to accept a severe deflation, rather than willingness to accept a severe inflation. The selling (in gold) sent some of the fundamental guys out of their positions in gold, which affected the technicals.” Jim Sinclair continues: “Technical analysis, when looked at, is really everybody looking at the same thing. So the sellers are chasing each other trying to find the bid. I believe that what started all of this is purely political in nature. I firmly believe there is no political will, on the planet anywhere, but especially in the Western world, to invite a severe deflation. As the deflationary forces continue to surface you will see the ...

Jim Sinclair interviewed by James Turk

Image
James Turk, Director of The GoldMoney Foundation, talks to Jim Sinclair, host of http://www.jsmineset.com/, about his successful gold price predictions, US debt problems, how to ride the trend and the second phase of the gold bull. It's a gear change from arithmetic to exponential growth as public perceptions about the safety of the US dollar changes. The debt ceiling debate is a wake up call for people all over the world. The video was recorded on August 5 2011 at the GATA conference in London.