Jim Sinclair: Stunning Shift In US Government & FedRes Gold Policy!

- Mr Gold, Jim Sinclair is totally correct! There is a gold war going on and it is about the foundation of the New Monetary System. The end of unbacked fiat currencies is near. Two events suggest we will witness a global currency crisis soon. The first, is the theft of depositors monies in Cyprus and the fact that the west has already laid out the regulations to continue to steal depositors monies to bail out their banks! Monies will flee from the banks and stimulate inflation ie. movement into hard assets.
– - The second event is the activation of the Japanese QE Shock and Awe. It is inflationary and actively debases JPY as a government and BOJ policy. It is a beggar thy neighbor policy and grabs more export market share from countries like Korea, China, Singapore, Taiwan, Germany … and so on. Competitive devaluations will ensue. All fiat currencies are going down the toilet bowl of currency debasement.
– - The Chinese understand the endgame and are actively acquiring the physical gold needed to back their Yuan when the global currency crisis strikes. Countries which do not do so will see their fiat currencies decimated. The western Illuminati will never allow their global monetary hegemony to be destroyed and replaced by a BRICS’ system. They will fight not just monetarily but also in hot wars. They are willing to sacrifice the entire planet to nuclear WW3 just to retain their Mammon power: global monetary hegemony. Without it, their hegemonic power and control over the world is over!
– - We can expect the west to raise the price of gold dramatically, via market action or official gold revaluation, to stem the flow of physical gold to the East. Watch as the banksters drive gold price higher to save themselves and their financial system. Gold is the #1 debt extinguisher par excellence. By raising the price of gold astronomically higher (ie. their physical gold holdings equal to their total debts), they will make themselves solvent. For eg. The current physical gold holdings of America is 8100 tons worth about US$400+B at current prices. Their current debt is US$16+T. By raising the price of gold by 40x, magically, the United States is solvent!
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Sinclair – Stunning Shift In US Government & Fed Gold Policy!
by www.kingworldnews.com
Today Jim Sinclair told King World News the world is about to witness a stunning shift in the US government and Fed gold policy. This remarkable change in strategy will shock investors and professionals around the globe as the Fed’s policy of gold manipulation will undergo a radical transformation. Below is what Sinclair, who was once called on by former Fed Chairman Paul Volcker to assist during a Wall Street crisis, had to say.
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Eric King: “Jim, we will get to the West in just a minute, but what about China? I have word from London that the Chinese are in there buying massive amounts of gold right now. What is their perspective as you see it?”
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Sinclair: “The Chinese are known and respected for having a plan for everything. In order to have a plan you have to have an analysis. You can’t pick a plan out of nowhere. In order to have analysis you’ve got to have facts.
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So the Chinese have fully analyzed what the West is doing, which is in fact destroying itself, and they are taking appropriate offensive and defensive measures….
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read more!
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Martin Armstrong says the cycle tells us that price of gold will go down for the next year or so.WWW. Armstrongeconomics.com Mary
Hi,
Although I do follow Martin Armstrong work on cycles, I am not incline to follow his forecast on the price of gold. Mr Gold, Jim Sinclair is a better guide IMO. I am also more in agreement with Alf Fields EW forecast on gold.
rgds