The legendary Jim Sinclair sent an email alert to subscribers tonight advising readers that QE∞ cannot stop even temporarily or the dollar would collapse due to the economic implications. 

Sinclair states the current bullion bank generated corrections in the metals are nearing completions, and guarantees that gold will trade above $3,500/oz. 

 

From Jim Sinclair:

1. The entire reason that I launched into the explanation of spread trading was to demonstrate how it is used to manipulate markets.
2. Recognizing the multiple blocks at $1775 and $1800, it was obvious a line was being drawn in the sand.
3. In that market situation a reaction was reasonable to anticipate.
4. I wanted to drive home to you the fact that all the market drama as seen today is manufactured by the gold banks.
5. QE cannot stop or the economic implosion would blow up your computer screen.
6. If some nitwit Chairman tried to stop QE you would have a few days of dollar strength followed by a collapse of the currency based on the economic implications.
7. Then gold’s highest possible estimates would come into focus as the downward spiral already in place in the Western world did in fact present itself as a black hole.
8. The event horizon to a total collapse is QE to infinity, as was anticipated.
9. QE’s focus is to prevent financial balance sheet collapse both privately and publicly internationally.
10. Jobs are only created the way Roosevelt did it, and that was by Federal invention of jobs if required when conditions are as they are now. Remember the conservation corp and all the make-work jobs that were invented in the 30s?
11. The thought that any candidate can change the present situation is intellectual garbage of those who do not even know there is economic law. Once violated, those laws brings consequences.
12. This, like all reactions, will be completed when it is completed, and that will be soon.
13. You could see the spread cartel working all day.
14. Do not be stampeded into turning over your gold investments to the greedy shorts now open mouthed and waiting like a wolf for its prey.
15. Simply ignore this, taking my hand in the knowledge that this is no different from the many similar plays made by exactly the same people all the way from $248 to the $1900s.
16. Email me if you are confused or simply need my help.
17. I will personally return your communications, answering your questions.
18. Gold is going to and through $3500 and those that find this humorous are the same people that laughed and scorned me at $529.40 when I told you that the very long term breakout had occurred, the strongest magnet among all was $1650 and gold would trade there and above.

 

Please shut off your quote machine and email me before your emotions drive you wild and directly into the mouth of the wolf, the short spreader.

 

Respectfully,
Jim

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    • MaryB, that ‘matter of time’ is dictated by the mathematical process on which the banknote scheme is constructed. By the sequence of events unfolding arround the world, it appears that the culmination of the scheme’s inherent self-destruction is presently playing out. It’s already collapsed in essence and what we’re experiencing is the plunge of its facade upon us.

    • Yeah, we will! Right now, the cartel is holding gold and silver’s prices which is why they’re not going up like other commodities such as foods. Maybe the cartel is doing that because it wants the smart people to be safe financially and be prepared for the collapse.

  1. As regards these ‘exchanges’ … the ‘manipulation’ in controvercy hinges ENTIRELY on psychological subjugation to the notion that mere infinitely reproducable paper stamps embody such ‘value’ that they ever ought to command trade for ANYTHING,which is itself not equally of such reproduction.

    Personally, I’ll NEVER venture out to dig up my metals in order to engage in this lunacy. Until such time as their ratio of exchange approximates their historically evolved ranges in juxtaposition against other common goods, I stand ‘pat’. (pun intended)   

  2. to many wild quotes start to sounds  like so much blarney …. when silver is pushing past $50 then i look for the blue sky but its $20 lower than that you cant talk $100 silver when we are still languishing below last years high

  3. It is guaranteed that gold will be above 3500$ per ounce but we are all wondering when it will happen. I’ve also heard somewhere that QE must happen or else the USA economy is going to go down. So, it is used to stimulate the economy and most of the people think that we are now safe and sound. Really? :/

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