Jim Sinclair: Gold Shorted From $1800 to $1530 by Banksters on Inside Info QE Would Change to Bail-Ins

March 19, 2013 By 30 Comments

sinclairLegendary gold trader Jim Sinclair sent an alert to email subscribers this morning stating that the reason gold was massively shorted by the banksters at $1800 down to the lows near $1530 was the fact that inside info was intentionally leaked to them by governments wishing to suppress the gold (& silver) price that quantitative easing would be shifting to depositor haircut bail-ins. 

Sinclair states that as is plainly seen by the rapidly spiraling out of control Cypriot bail-in, the reason why gold has been so heavily shorted in the paper market is NOT valid, and shorts in the paper market must cover.
Sinclair states that this week’s events in Cyprus ensure that QE to infinity has its foundation solidly set in cement.

Sinclair’s full MUST READ alert is below: [Read more...]

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Dow Down 50% Against Gold Since Last Record Dow in October 2007

March 6, 2013 By 4 Comments

Currency debasement is being seen internationally and will again benefit gold in the medium and long term. The second round of money printing by the Federal Reserve pushed spot gold prices to a record nominal high of $1,920.94/oz in September 2011.  Given continuing debasement new record nominal gold highs and indeed inflation adjusted gold highs over $2,400/oz will almost certainly be seen in the coming months. [Read more...]

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Fed Has Bought More US Debt in 2013 Than Treasury Has Issued!

February 12, 2013 By 9 Comments
Source: Banzai7

Source: Banzai7

The next time you hear propaganda from Fed officials or the financial MSM that the Fed will end QE by the end of 2013, please recall this startling statistic:  thus far in 2013, the Fed has increased its Treasury bond holdings by $51.1 billion, while the official US debt has increased by only $47.2 billion over the same period. 
This confirms with startling clarity that the Federal Reserve is the ONLY remaining purchaser of US debt in size, and that the Fed must not only take up all of the newly issued US debt, but it must also absorb the maturing treasury bonds coming due.

QE is going to INFINITY…AND BEYOND… and will continue until one of three events occur:
1. Gold revaluation (the final deflation-fighting tool in Bernanke’s toolbox)
2. Dollar devaluation (essentially #1 just announced in dollar terms) such as Venezuela announced Friday
3. Hyperinflation of the dollar & complete systemic collapse.

Got PHYZZ?? [Read more...]

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Jim Sinclair: Treasury Bond Bubble Will Not Pop, Fed Will Simply Increase QE

February 4, 2013 By 26 Comments

bubblesJim Sinclair has sent an email alert to subscribers tonight regarding the Treasury bond bubble.  While many in the precious metals community believe that the T bond bubble will spectacularly bust and collapse in the near future due to the US’ unsustainable debt, Sinclair states that the Treasury bond market cannot collapse as long as the Fed continues purchasing US debt via QE to infinity. 

Sinclair states that quantitative easing will continue to increase in size by the Fed to meet the size of US bond offerings, and that US interest rates will not rise substantially unless the Fed ceases its QE program.

Essentially Sinclair is stating that interest rates will continue to manipulated at an artificially low level by uneconomic buying of T-bonds by the Federal reserve governor typing on a keyboard, and that the pace of QE will keep pace with the pace of the US budget defecit/ funding gap, until which point the US dollar faces a collapse in the confidence of the currency itself.

Sinclair’s full alert is below: [Read more...]

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Washington Proposes $1 Trillion Bailout for Delinquent Student Loans

December 2, 2012 By 44 Comments

With the popping of the student loan bubble apparently in progress, rumors are circulating that the Federal government will bail out the $1 trillion student loan industry.  When 50% of graduating Americans have $30,000 + in student loan debt and cannot find a job with real unemployment hovering over 20%, the entire sector is subprime.  QE to Infinity…AND BEYOND!!!

A possible $1 trillion bailout is coming—and soon.
America’s now-nationalized student loan industry just reached a value of $1 trillion, according to Citigroup, growing at a 20 percent-per-year pace. Since President Obama nationalized the industry (a tacked-on provision of the Obamacare bill), tuition has gone up 25 percent and the three-year default rate is at a record 13.4 percent. [Read more...]

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US Pension Insurer Runs Record $34B Deficit

November 19, 2012 By 13 Comments

The Pension Benefit Guaranty Corp (Federal agency that guarantees bankrupt pension funds) reported Friday that it ended it’s fiscal year with a $34 billion deficit, a 31% increase from the $26 billion deficit reported for the prior year.

QE to Infinity…AND BEYOND!!! will continue to grow exponentially as Social Security, Medicare, Medicaid, the Postal Service, FDIC, PBGC, and innumerable Federal spending programs are all bankrupt, and must either default or have their debts counterfeited away.
Which choice do you supposed Congress, the Treasury, and the Fed will choose? [Read more...]

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Japan’s Likely Next PM Calls on BOJ to Print Unlimited Yen

November 15, 2012 By 4 Comments

Japan’s likely next Prime Minister Shinzo Abe Wednesday called for the Japanese Central Bank to print “unlimited yen” to reach an inflation target of 3%, triple the current target of 1%. 

QE will continue TO INFINITY…AND BEYOND!!! throughout the entire developed Western world until the Western financial system collapses in  Weimar flames. [Read more...]

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Jim Sinclair: Stopping QE Cold Turkey Would Unleash Economic Wrath of Hell

October 29, 2012 By 8 Comments

The legendary Jim Sinclair has sent the following email alert to subscribers this morning, in response to a reader inquiry as to why Sinclair believes the economy would immediately roll over into the Greatest Depression should the Fed stop QE suddenly.

Sinclair states that Like a drug the more you take, the more you need. The more money you create, the more money you must continue to create until it goes to infinity. You go cold turkey on money creation, you unleash the economic wrath of hell in the entire Western world. It all comes down in one great implosion.

His solution? Sinclair states that if he was the Fed Chairman, he would wean the system slowly down while working to recreate the monetary system with required total gold value for government treasuries tied to a world index of total Western World M3.

Sadly, Mr. Sinclair is not the Fed Chairman, rather we have a balding man who is the self-proclaimed greatest expert on the Great Depression, who seemingly has no comprehension on the consequences of monetary counterfeiting.
Full MUST READ alert below:

[Read more...]

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QE ∞ Explained

September 13, 2012 By 6 Comments

Did you hear about the Fed?   [Read more...]

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