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
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
Posted 26 August 2018 - 06:01 AM
Sensationalism sells. I stopped at mention of subscribers.
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:
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.
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My swing trades typically last a couple of weeks to a couple of months.
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
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 14082Legendary 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.
Sinclair will be right eventually, the central bankers have been printing money since 2009 to stall the inevitable collapse of all the debt.
Posted 26 August 2018 - 02:14 PM
2009? You are off by almost 100 years...
1913.
Posted 26 August 2018 - 06:16 PM
2009? You are off by almost 100 years...
1913.
The QE program since the last crash.
Posted 27 August 2018 - 07:42 AM
Fractional Reserve Banking...
It's all about printing...
Edited by SemiBizz, 27 August 2018 - 07:42 AM.
Posted 27 August 2018 - 10:23 AM
bingo, by definition!Fractional Reserve Banking...
It's all about printing...
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...