Jim Sinclair: Demonic Sociopathic Banksters Manipulating the Price of Gold for a Big Clean Out Before Gold Rockets Upwards! Hold Your Positions!

• Gold bugs and silver warriors need to chillax! This is just the repeat of 1979-1980 Big Clean Out, financial rape by the banksters before gold and silver rocket dramatically higher! Listen to Mr Gold – Jim Sinclair!
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  The Great Golden Train Robbery! 
  by Jim Sinclair, http://www.jsmineset.com/ 
  My Dear Extended Family,
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  The pressure on gold is not permanent in any sense. This decline is, as I have told you, similar to the series of declines just before gold took off in the 70s from $400 to $887.50. Those declines then were for the purpose of the last great shake of the gold apple tree prior to the move that gained the most distance over the least amount of time.
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  My birthday is March 27th. By that time this decline in gold will be old history. This decline is purely to take your positions away from you, certainly in shares which today trade at historic discounts to their assets.
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  I can only suggest to you as strongly as possible that you need to defend yourself by doing absolutely nothing. This way you can get into the fight and prevent the shorts from taking their profits that are soon to become losses.
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  The biggest profits the shorts have is in your shares. As long as your company is performing well on the ground do not let the shorts have any joy. This may be the last time before gold trades in excess of $3500 that you need bite the bullet of emotional restraint.
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  Please do not join the waterfall that the manipulators have depended on. Gold has not formed a classic top. There is no top in the gold price. This is the Great Golden Train Robbery and the conductors are the Gold Banksters.
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  Please do not be hoodwinked by these demonic sociopath bankster gold banks that, just like in 1979-1980 with the help of Trojan Horse gold writers, stole a huge amount of gold and gold shares from long term cash investors, leaving them without any insurance as the gold market made the highest price and covered the most dollars of appreciation over the shortest period of time.
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  In the 70s gold appreciated on the basis of what MIGHT happen. Gold is going to and through $3500 because of what has already happened already. Not one more problem by one more dollar is required for gold to attempt to move in price to balance the balance sheets here, there and everywhere.
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  My advice is to hold all gold positions and wait patiently for the correction to end.  Just before the huge 1979-80 surge, we saw a big ‘clean out’ correction in gold.  I believe history is about repeat.
  – Richard Russell on King World News Radio
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  You have heard it from Richard Russell and myself. You can be active in the gold and gold investment market by simply doing nothing. The new evil demonic gold bank destroyers of good efforts are working hard to create a waterfall in gold and gold shares that can only happen if you are foolish enough to shift your decision making to your emotions. If you want to fight back, do not under any circumstances panic now. If you do not panic they will be beaten as this is the last significant reaction before gold roars higher. If you want to be in the fight and not simply a spectator, you simply have to do nothing whatsoever.
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  Richard Russell and I are not newcomers to the gold market. Neither Richard nor I have experienced embarrassment as leaders, directing our friends into a trap of price or time. We will not fail now. Our legacy will be extremely clean.
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  Gold is heading toward the system and not away from it. Gold is the necklace many currencies will be wearing from 2015 forward. The percentage of gold being held as reserves seems to have a 15% target on it. That should give you an easy way to compute what these central banks are thinking in regard to the ultimate value of gold in the free gold cash market.
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  Gold is the only tool available to balance the balance sheets of the worst monetary deficit, debt, sinners. Gold will balance the balance sheet of the transgressors. The transgressing central banks have to balance their balance sheets as the world cannot continue forever on this QE sponsored illusion of solvency.

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