Jump to content



Photo

Jim Sinclair and Bill Holter - 'On verge of collapse, Gold 20K+ coming'

Greg Hunter USAWatchdog

  • Please log in to reply
17 replies to this topic

#1 Russ

Russ

    Member

  • Traders-Talk User
  • 5,374 posts

Posted 26 August 2018 - 05:13 AM

Jim Sinclair and Bill Holter interview with Greg Hunter - USA Watchdog say we are on the verge of total financial collapse with gold going to $20,000 or more. https://www.youtube....h?v=vM-PcocIDB0

 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#2 CLK

CLK

    Member

  • Traders-Talk User
  • 9,449 posts

Posted 26 August 2018 - 06:01 AM

Sensationalism sells. I stopped at mention of subscribers.



#3 Rich C

Rich C

    Member

  • Traders-Talk User
  • 155 posts

Posted 26 August 2018 - 09:21 AM

I made it through half of the presentation, and I am underwhelmed by the analysis, or rather lack of it.

 

Then I looked up Mr. Sinclair, and again, I'm not impressed.  Here is one thing I found, from 2013:

 

 
March 4, 2013 37  14082
 

Legendary gold trader Jim Sinclair released a truly EPIC alert to subscribers Sunday night, in which Sinclair states that gold will trade to $4,990 in the coming bull run prior to settling into a role as currency for the beginning of the greatest economic expansion in history
Sinclair states that the coming volatility in gold (& silver) will be unprecedented, with $1500 swings in the price of gold prior to full valuation being achieved, and gold’s new status as global currency beginning.

For the first time, Sinclair gives his target for full valuation of gold of $4990/oz, and states that the return of gold to a global monetary role will usher in the greatest economic expansion the world has ever seen.

 

https://www.silverdo...-has-ever-seen/


Blogging at http://RichInvesting.wordpress.com

 

My swing trades typically last a couple of weeks to a couple of months and I focus on SPY.


#4 gannman

gannman

    Member

  • Traders-Talk User
  • 4,641 posts

Posted 26 August 2018 - 11:35 AM

before it gets to 20000 it would be nice if it could get to 1400 just saying 

 

they are a broken record and financial collapse would not be a good thing

 

what is really going to cause problems imho is climate change and probably

 

faster than most think


feeling mellow with the yellow metal


#5 Russ

Russ

    Member

  • Traders-Talk User
  • 5,374 posts

Posted 26 August 2018 - 02:02 PM

 

I made it through half of the presentation, and I am underwhelmed by the analysis, or rather lack of it.

 

Then I looked up Mr. Sinclair, and again, I'm not impressed.  Here is one thing I found, from 2013:

 

 
March 4, 2013 37  14082
 

Legendary gold trader Jim Sinclair released a truly EPIC alert to subscribers Sunday night, in which Sinclair states that gold will trade to $4,990 in the coming bull run prior to settling into a role as currency for the beginning of the greatest economic expansion in history
Sinclair states that the coming volatility in gold (& silver) will be unprecedented, with $1500 swings in the price of gold prior to full valuation being achieved, and gold’s new status as global currency beginning.

For the first time, Sinclair gives his target for full valuation of gold of $4990/oz, and states that the return of gold to a global monetary role will usher in the greatest economic expansion the world has ever seen.

 

https://www.silverdo...-has-ever-seen/

 

Sinclair will be right eventually, the central bankers have been printing money since 2009 to stall the inevitable collapse of all the debt.


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#6 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 22,809 posts

Posted 26 August 2018 - 02:14 PM

2009?  You are off by almost 100 years...

 

 

1913.


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics


#7 Russ

Russ

    Member

  • Traders-Talk User
  • 5,374 posts

Posted 26 August 2018 - 06:16 PM

2009?  You are off by almost 100 years...

 

 

1913.

The QE program since the last crash.


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#8 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 22,809 posts

Posted 27 August 2018 - 07:42 AM

Fractional Reserve Banking...

 

It's all about printing...


Edited by SemiBizz, 27 August 2018 - 07:42 AM.

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics


#9 dharma

dharma

    Member

  • Traders-Talk User
  • 7,554 posts

Posted 27 August 2018 - 10:23 AM

Fractional Reserve Banking...
 
It's all about printing...

bingo, by definition!
waiting for gold to shine. i still think there is one more lower low to come
yes, how about 1400 first. these guys do get me to think , what more could i do to secure my life
dharma

#10 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 22,809 posts

Posted 27 August 2018 - 10:33 AM

Only one thing left, release all of your negative thoughts about the future, conceive and believe in a positive outcome and you may be disappointed with the outcome, but if nothing happens you will die very happy...


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics