Jim Sinclair: Next Crash Will Look Like Mad Max! Biggest Bubble in the History of Finance

[youtube=https://www.youtube.com/watch?v=IYBvyn63T1w]

• Jim Sinclair: Next Crash Will Look Like Mad Max
  by Greg Hunter’sUSAWatchdog.com (Early Sunday Release) 
  Renowned gold and financial expert Jim Sinclair says recent dire predictions from Wall Street icons are more than a warning. They are telegraphing their trading positions.  Sinclair explains, “They are preparing for what they believe.  They talk their own positions.  So, it’s more than a warning.  They are telling you exactly what they have done.  They are not out to save the man in the street.  They are out to make money in a huge short position, probably in over-the-counter derivatives. . . . They’re not looking for a market tic down.  They are looking for a market with a character of backing up to an open to an elevator with no elevator there. . . . We’ve got no volume, fake prices, and we’ve got the biggest money in the world short the market. We’ve also got a Fed with no tools, and now we have a Fed whose primary indicator is starting to have a heart attack. . . . When this thing comes down, it’s going to be a free fall.”
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  Greg Hunter was invited to guest host with Mr. Sinclair and his business partner Bill Holter on JSMineset.com for their paid subscribers. Holter adds, “The fact you have so many (Wall Street elite) coming out in a compressed period of time tells you it’s on the immediate horizon. . . . It’s a reset.  That’s how it’s going to be done.  We will go to bed on Friday and come Monday morning, the markets won’t open, and whenever they do reopen, there’s your reset or the beginning of the reset.”
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  One of the big potential triggers that could bring the markets crashing down is more than $10 trillion in European government bonds with negative interest rates. Holter begins by saying, “Negative rates mean that debt is trading to a premium to cash.  So, what it is saying is debt is better than cash.  That’s impossible.  Whether it’s a trigger or not, I don’t know.  I do know it’s highly explosive.”  Sinclair adds, “Let’s start thinking about this as the biggest bubble that has ever existed.  It makes the South Sea Bubble look like a joke.”
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