pt 1/3 Jim Sinclair discusses hyperinflation, gold, the US Dollar & social unrest on KWN
April 26, 2010 by
Filed under gold investment
Legendary Jim Sinclair known as Mr. Gold for his remarkably accurate timing regarding the gold bull market of the 70s is the Founder of jsmineset.com and Chairman of Tanzanian Royalty Exploration. In this interview James discusses inflation, deflation, hyperinflation, the US Dollar, gold, silver, social unrest, the Federal Reserve, commercial banks incorrectly positioned on the COT, fraudulent bank balance sheets, the equity market, future opportunity, gold and silver shares and much more. King World News thanks Jim for being so gracious with his time. JIM SINCLAIR – Chairman of Tanzanian Royalty Exploration & Founder of Jim Sinclairs Mine Set Jim Sinclair is primarily a precious metals specialist and a commodities and foreign currency trader. He founded the Sinclair Group of Companies (1977), which offered full brokerage services in stocks, bonds, and other investment vehicles. The companies, which operated branches in New York , Kansas City, Toronto , Chicago , London and Geneva , were sold in 1983. From 1981 to 1984, Mr. Sinclair served as a Precious Metals Advisor to Hunt Oil and the Hunt family for the liquidation of their silver position as a prerequisite for the $1 billion loan arranged by the Chairman of the Federal Reserve, Paul Volker. He was also a General Partner and Member of the Executive Committee of two New York Stock Exchange firms and President of Sinclair Global Clearing Corporation (commodity clearing firm) and Global Arbitrage (derivative dealer in …
With all due respect, I think it might be more effective to vote out of office the politicians that led us into this mess. Somehow I don’t think the economic welfare of Americans is in the forefront of the designs of the creator in whatever form he may exist.
@kryogenikz thanks man
Well said brother!!
yes.. oils price is only one of the endless symptoms of our government spending sooo much. Oil does not rise in price, it should be falling in a depression. But this is both a deflationary and a inflationary “recession” The printing of money to monetize the ever growing debt devalues the $ thus it takes alot more paper for a good or service. Buy gold fuck obama fuck bush fuck typing anymore
you state only irrelevant biased statements, and you assert them onto the people of the u.s including me. And explain your view on the connection of the price of oil and consumerism? I would like to see how you weigh your argument. Oh, and it’s not consumerism it’s minipulation of economic pollicy. Free markets obey the laws of nature, and how forces relate. This WOULD bring in a harmonic balance.. for it not for the GOVERNMENTS.
KARMA is not meant to sound pretty when u have practised and condoned bad actions through ur compilicit consumerism…
as an experiment : try denying urself of ur favourite desires for a whole month…
amerika could not control its desires …
it doesn’t take rocket science to figure out the connection between low priced oil and the war machinarry used to support overblown consumerism.
start learning to build a house with hemp
the only reason why these tea parties sprang up is because americans started feeling the pinch …
higher taxes ….can’t have that
but before that why did u not see the connection of the lifestyles u were leading and the wars taht were funding it..both covert and overt.
Were u as a people listening to the patriots..the militias ..u could’ve done something by reducing ur consumerism.
if they reduce taxes..bring down oil to 10 dollars do u think there would be tea parties
i eat one meal a day,
i am actually healthier
3 meals a day is another psyop operation…
meat industry another one…
u can train ur body to stop feeding ur desires…
including hunger..trust me it is an illusion…
what is not an illusion is KARMA …its a slow moving pressure field that if not realeased eventually builds up…as a people what were u doing to release the pressure..NOTHING ..the PTB feed off of u .
FACT : u HAVE been feeding the monster
it is not the people.. it is the ignorance we are kept in. Hate the sin, not the sinner for he know not what he do my nigga. I’m an AmeriCan and I did not “discriminate” the world. I’m doing what I can to get by, and spread awareness.. so don’t say america diserves it.. our people have the best intentions.. as do all in the human race. It’s the ones that make us strive..the fuckers at the top. They instill mans only sin, greed. This also projects our alter EGO. I’m Travis, and I enjoy marijuana
God alone can undo what has been done. Pray for deliverance, America. Humble yourself. Plead with your Creator, and He will save you.
I thought your comment was pretty harsh, and then I checked your profile and you are from the united kingdom. you should know that the financial disaster/warfare is a combined effort of washington, wall street, the fed, london and “the city” or whatever that financial district is called. What did you do to stop it? Answer is nothing, because like most americans, you have no say in the matter.
Check out the tea parties. plenty of americans are furious about what the powerz do, including wars.
soviet amerika deserves what she is gonna get …the middle class is the reason why people are being killed and africa is in poverty …
amerika is so infested with evil they invent diseases to depopulate the populations..
do americans deserve salvation after shedding so much blood and selling evil …
NO …
face ur karma … just like u discriminated the world ..when u go looking for jobs outisde u will face discrimiation ..stick to exporting porn
What I want to know is when Americans will stop allowing the elite bankers to monopolize American and loot our pensions and bank accounts. Just because these crooked derivatives crooks enslave our nation to debt, doesn’t mean the American tax payer can, or will pay that back.
To all; once Gold breaks $1,030, the next bubble will have begun! At this point, there is only one asset class left for the Fed to inflate, that’s right, the precious metals arena. The Fed MUST inflate, they MUST inflate something or they die.
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