stormI cannot stress how important it is now for you to be on guard for anything at any time.
A market closure, though likely over a weekend, can occur during ANY WEEKDAY! 
Do not allow yourself to be lulled to sleep by any rallies from here or stories of how “the storm has passed”.

panicEric Sprott, Bill Holter, and Greg Hunter join TruNews’ Rick Wiles for a MEGA PM Round-table interview breaking down the Greek End Game, and how the collapse is likely to play out.
Sprott explains why the US and EU cannot afford the fallout of a Greek collapse and the nation turning to Russia, and why the banking cartel must avoid a Lehman style liquidation by any means possible...
Is the biggest financial debacle in human history ALREADY UNRAVELING?
Full MUST WATCH 60 Minute MEGA Financial Roundtable With Sprott, Holter, & Hunter is below:

collapseFor CNBC or any media outlet to downplay a Greek default is plain evil deceit at its core. 
Greece owes close to 350 billion euros and when the amount of written derivatives are included we are probably talking well over 3 trillion euros!
Please remember when a “default” occurs, the “notional value” of derivatives positions becomes the true at risk amount.  This was the problem caused by Lehman Brothers in 2008, derivatives which had been supported by margin alone (and very thin at that) saw margin calls explode and the demands of 100% notional payments began
This is why no one, ever, can be allowed to fail.  Because then the triggers are pulled and notional settlements begin …with a minor problem

Derivatives simply cannot perform because they total more than the value of everything else added together on the planet. 

imagesThere is no such thing as a derivative that does not have an implied or defined interest rate characteristics. This is the chain that connects them all.  That makes this problem larger than one quadrillion dollars…
Here is the concept you must understand: 

Notional value of a derivative becomes real value of the derivative in the event of derivative bankruptcy.
This unwelcome change in the interest rates market, the bond market, is truly the GOD OF DEAT for the world’s financial system.
When the smoke clears, gold will be the only true measure of value (a definition of money) with gold’s only mechanism for price discovery being the now growing and transparent physical market, the paper market will be in tatters as will be the paper exchanges and paper public companies that own these exchanges.”

hyperinflationWhat I believe we will see is what we have always seen as a final result of fiat currencies, a collapse of confidence. Call it what you want, a deflationary collapse, or hyperinflation, the end result will be “confidence” in the U.S. dollar will collapse.
A break in the confidence of fiat currency will end with many currencies being replaced, this is a major part of your coming “re-set”.
Ask yourself this, in a financial collapse, “what will be safe”?  Will your bank, broker or insurance company be safe, or even still solvent? Will our over indebted government be safe?
Will the pieces of paper or digital credits issued by this “safe” government and held by your “safe” institution …really be safe?

Sinclair Hong KongFrom Greg Hunter’s

Recent Bloomberg analysis says if China backed its currency with gold, the price would need to be 50 times higher than it is today.
According to Bloomberg, that would be a gold price of around $64,000 per ounce, which is much more than gold expert Jim Sinclair predicted a few years ago.  Financial writer Bill Holter weighs in, “That was a few years ago, before some of the QE, and Jim has said that $50,000 gold may turn out to be laughably low. . . .”

margin explosionFrom the standpoint of the U.S., it is my opinion that a war is “necessary” to point at and blame for the financial collapse surely coming because in no way can “policy” be blamed.
China and Russia are fully aware of the U.S. falling further and further into a weakened position, that time is running out before a financial collapse, and that a wounded animal often strikes in desperation. 
The only form of neutralization is some sort of “truth bomb” or a series of them.  How best can this be done?  I believe it must and will be done “financially”, let me explain:
I believe the process may have begun this past week.
Pravda posted an article over the weekend speculating China will very soon announce their gold reserves.  The article  speculates China has amassed 30,000 tons of gold
I have said all along I believed China would announce their holdings probably this year.
If this is the “pre pre announcement”, it is a very big number and one I believe only as an opening salvo
Should China themselves make this announcement, please understand the “golden nuclear bomb” this would actually be.
The financial system of the West will be destroyed overnight!

Sinclair Hong Kong

Gold expert Jim Sinclair, the man who called the 1980’s gold bull market top to the day, and predicted gold’s rise to over $1650 an ounce in the current bull run nearly a decade ago, has sent a MUST READ alert to subscribers regarding the latest gold and silver take-down. 
Sinclair urges PM investors to STAY THE COURSE, stating that he is as fully committed to gold as he was when it traded above $1900, and that gold will indeed trade again at new all-time highs
Sinclair’s full alert (which he warns will drive the internet gold trolls wild) is below: 

Sinclair Hong Kong

With gold smashed to $1215, perhaps only a day or 2 from testing bear market lows at $1179 and silver plunging through substantial support at $18 to place new bear market lows Friday, legendary gold trader Jim Sinclair sent an email alert to subscribers stating that today’s trading action is  “a classic example of “Popular Delusions, and the Madness of the Crowd.
On a day when Alibaba IPO’d in the US with a market cap surpassing Walmart, Sinclair advised PM investors to study history & check their emotions at the door, stating that This is a period of time when major market changes have a high probability of happening, and that Today is a day that should be memorized. 
Sinclair’s full MUST READ market alert is below: 

Get_Ready_for_SummerThe May 14, 2014 forecast for a June 2014 Top, and now officially July 10, holds as a High for Gold.
A drop into a Final 2014 Summer Low and ‘Buy-of-a-Lifetime’ opportunity is still to come. 
At the Summer Cycle low expect NO new lows to be made and the 2013 lows will hold!

Read More:

Sinclair Hong KongLegendary gold trader Jim Sinclair sent out an email alert to subscribers Monday night regarding the manipulative dump of $1.3 billion in paper gold on the week’s COMEX open. 
Sinclair, who called the top in the last gold bull market to the day, stated that Monday’s gold take-down was to allow the bullion banks to cover their shorts, and to initiate and expand long positions in advance of gold’s coming bull rally.
Sinclair, who has long stated that the entities that will make the most during gold & silver’s massive secular bull markets are the very bullion banks who have been naked short throughout the duration, warns that
the bullion banks are GOING LONG HERE AND NOW!
Sinclair states that long term cycles in gold are turning positive and that this was likely “the last take down before gold trades at new highs“. 
Sinclair’s full MUST READ alert is below: 

Summer_SaleOn June 27, 2014 a Public UPDATE was posted on SilverDoctors stating:
The June Top was to arrive on either June 26th or June 27th with one Final price rise on the day.  

No rise came on either June 26th or the 27th; but arrived on the LAST day of the month June 30, 2014! 
Today July 1, 2014 Gold made a new intraday high, only to close DOWN $0.80 on the day.  June 30, 2014 ends as the TOP and last day up. 
Next a Drop into a Summer Final Low and ‘Buy-of-a-Lifetime’ opportunity! 

launch rocket verticalLegendary gold expert Jim Sinclair sent an email update to subscribers this weekend, detailing 30 reasons why the nearly 3 year bear phase in gold & silver ends this summer.  
Sinclair, who called the end of the last secular bull market in gold the day before the top was placed (and worked overnight selling his entire position) and also predicted the current secular bull at the bottom nearly 15 years ago, believes the next leg in the bull market in gold which will ultimately take gold to new all-time nominal highs (Sinclair believes possibly as high as $50,000/oz) begins THIS SUMMER. 
Sinclair’s full MUST READ alert is below: 

Sinclair Hong KongLegendary gold expert Jim Sinclair has significantly reduced his public commentary over the past 6 months, reserving most of his advice for those willing to attend Sinclair’s financial meetings across the country- likely due to the fact that many new PM investors lam-blasted Sinclair over his incorrect short term call in 2013 that support in gold would hold at $1600. 
Sinclair, who in addition to his role as CEO of Tanzanian Royalty Exploration, is also the Executive Chairman of the new Singapore Precious Metals Exchange, was recently the Keynote Speaker at the 2014 Hong Kong Mines & Money conference. 
Sinclair discussed how to avoid the coming Western financial system bail-in, the role of gold in the coming crisis, & banking with the BRICS. 
We highly suggest that readers check their emotions and biases at the door, and view the entire MUST WATCH Keynote address below from the world’s foremost big-picture expert on gold & the financial crisis:

bernankeLegendary gold expert Jim Sinclair has sent an email alert to subscribers warning that new Fed Chairwoman Janet Yellen will soon get the shock of a lifetime as the economy collapses in response to her convoluted forward guidance at the March FOMC meeting, resulting in the Fed being forced to kick quantitative easing into hyper stimulation of at least $4 trillion a year!

Sinclair’s full MUST READ alert is below:

jim sinclairLegendary financial & gold expert Jim Sinclair has issued an email alert to subscribers warning that the dollar’s reaction to the US stepping up sanctions against Russia on Thursday indicates that the market knows Russia has a nuclear economic weapon it can detonate on the West by dropping the petro-dollar standard.  
Is Puting preparing to nuke the petro-dollar by announcing new Russia gas and oil deals in yuan, euros, real, and gold? 
Sinclair’s full MUST READ alert is below:

jim willieWorld renowned gold expert Jim Sinclair is issuing a warning of a massive downside risk to U.S. sanctions against Russia.  Sinclair says watch the “struggling dollar” and Russia accepting any currency for oil and natural gas.  Sinclair explains, “It’s struggling . . . because it smells the real teeth of retaliation for sanctions being in the simple acceptance of any currency whatsoever for payment for gas to Europe.  Believe me, they will settle in other currencies. . . . It makes energy cheaper.  Why in the world would anyone want to pay in dollars if they can pay in their own currency?  Russia could retaliate in a way that would have phenomenal impact on the U.S. dollar. . . . Russia has the upper hand.  They have it in their ability to turn the U.S. economy upside down and into collapse.  There is no question whatsoever.  Putin doesn’t need a nuclear bomb. He has a nuclear economic bomb that he can set off at any time.” 
What would the price of gold be this year?  Sinclair predicts, Gold has $2,000 an ounce in its sites in 2014.  On silver, Sinclair says, “Silver is gold on steroids.  When gold takes off, silver goes up faster. . . . So, the idea you are going to get an old high on silver or better is a given.
Legendary gold trader Jim Sinclair’s MUST WATCH interview with Greg Hunter is below:

LV1F6012.CR2Jim Sinclair has sent a rare alert to subscribers this weekend warning of the potential that a major black swan event is currently unfolding in Ukraine. 
Sinclair states that the Ukraine situation will expand on a three play, play book, benefitting Russia economically by protecting their control of the natural gas supply to Euroland.
The potential clearly exists for the Ukrainian crisis to rapidly descend into a major black swan. 

China credit crisisGold expert Jim Sinclair emerged from a lengthy hiatus from public commentary Tuesday to warn readers that the major US markets will completely implode should Janet Yellen follow through on the Bernanke Fed’s threats to fully taper QE.
Sinclair states that should Yellen taper seriously now, the emerging markets will implode. Should the emerging markets implode, the US major markets will also implode. The dollar would lead on the downside.
Sinclair’s full MUST READ warning is below: