Ominous Parallels by Walter E. Williams. By Walter E.
Williams Recently by Walter E. Williams: Ignorance, Stupidity or Connivance? People are beginning to compare Barack Obama's administration to the failed administration of Jimmy Carter, but a better comparison is to the Roosevelt administration of the 1930s and '40s. Debt Ceiling Default Closing In. Greg Hunter’s USAWatchdog.com It looks like even the mainstream media (MSM) can see a calamity if we are right on top of one.
Finally, the dire debt ceiling negotiations between Congress and the White House were covered wall-to-wall on all the major media outlets yesterday. True Inflation Rate 2011. Greg Hunter’s USAWatchdog.com Last week, in testimony on Capitol Hill, Fed Chief Ben Bernanke said, “The pace of the economic recovery will pick up.”
As far as the weak economy is concerned, Mr. Bernanke also said there would be, “a notably better performance than we have seen so far this year.” I could not believe what I was hearing. It was totally opposite to other economic news that came out in the very same week. Another big economic downer came from RealtyTrac. Can we count on Mr. Jim Sinclair. Biography from jsmineset.com JIM SINCLAIR - Founder of Jim Sinclair’s Mine Set & CEO of Tanzanian Royalty Exploration 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. 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 metals and currencies). In April 2002, shareholders of Tanzanian Royalty Exploration (formerly Tan Range Exploration) approved the acquisition of Tanzania American International, a company controlled by the Sinclair family, for shares in Tan Range . In The News Today : Welcome To Jim Sinclair's MineSet. Shri Sathya Sai Baba In the midst of our world, the madness we discuss every day, there are great and beautiful things.
One such event happened yesterday. Shri Sathya Sai Baba transitioned from body yesterday. The world is an infinitely better place since he visited here. Baba and his teachings to all faiths will be with us forever. Dearest friend, friend to all men and spiritual preceptor; gone to the eyes but eternal in our hearts. Jim Sinclair’s Commentary Concerning reports that China has declared financial war by threatening to sell significiant amounts of US Treasuries: Trader Dan's Market Views. Immoral-Not-Illegal-a-Crisis-in-Ethics-Repeating-the-1930-s-5-20-10. Peter Schiff Vlog. Upload The Peter Schiff Show Subscription preferences Loading...
Working... Peter Schiff Who is Peter Schiff? 157,700 views 6 months ago. Jim Sinclair's MineSet. The Wormhole at the “Process Event Horizon” Ever since the beginnings of fiat money, economies have pulsated between polar opposites: paper and tangibles.
The Romans started out with pure gold and silver coins; but with the decline of their economy, they diluted the precious metal content until there was virtually no precious metals in the coins. There comes a point where it becomes painfully obvious that a society cannot function without economic discipline; meaning there must be controls on the issuance of money. The most reliable method known of today is to make all paper money backed by precious metals, or to use precious metal coins themselves for commerce. Latest From Jim Sinclair on the Federal Reserve Gold Certificate. Source: jsmineset.com Jim, Armstrong sees the Gold bull market lasting until roughly 2016 (17.2 years starting in 1999).
The Mathematics Of Gold. Dear CIGAs, Little by little, I am passing on ALL that I have learned from Jesse through Bert and Bert’s knowledge to those that read here, every day, in thanks for your support of me and mine.
–JEBS (James Edwin Bertram Sinclair) Assumption: Because gold is held by many central banks, once as a reserve currency but now as an inventory currency, it functions as a swing asset to balance the International Balance sheet of the US. Central banks are sellers of dollars but still hold, by default, large dollar inventories. China has hedged its dollar position 50% through commitments to long term dollar commercial agreements, pay in, mineral, and energy deals internationally. We can assume other central banks still hold 90% of their reported dollar positions, on average unhedged by commercial obligation positions. The Role of Gold in the Future of the Global Economy. The bear market in the U.S.
Dollar is obviously accelerating with each passing day, prices are moving up across the board as the freshly created money increasingly pours into the market for hard assets such as commodities. What MUST Be Done To Avoid Financial Destruction. By Jim Sinclair | Jim Sinclair’s Mine Set Things are now “Out of Control.” This international financial crisis is now out of control as the world asks if the USA has two presidents, one president or no president at all. Eric De Groot.