gold repatriationTaking inspiration from George Orwell’s “1984,” renowned BMO advisor Don Coxe has coined the expression “Weakness is Strength” to describe the current economic situation. In a far-ranging interview with The Gold Report, Coxe explains how an international regime of weak currencies has set the scene for a upsurge in the price of gold shares and believes that gold will return as a preferred hedge against loss of value because inflation is inevitable.

imagesLegendary gold trader Jim Sinclair sent another email alert to subscribers over the weekend, continuing his in-depth series on the monetary crisis in progress, and the fundamental reasons the dollar will hyperinflate and result in $3,500 + gold.

Sinclair stated that the dollar is re-entering a decade long major bear market, and that this is the foundation set in steel that will launch the next major bull phase in the gold price very soon.
While Sinclair has long urged readers to take physical gold positions without margin, with gold mining shares near historic lows compared to gold bullion, Sinclair states that condemning gold shares is total nonsense utilized by PM scoundrels.

Sinclair concludes by stating that Every problem we have from national to private is a balance sheet problem. As QE is the only tool to feign solvency, Gold is the only tool to accomplish solvency.

Sinclair’s full email alert is below: