muses of the moment

April 27, 2012

Jim Sinclair in Futures Magazine

Filed under: Gold and Silver Investing, Precious metals — totallygroovygirlfriday @ 1:59 pm

Click here for full interview.

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2 Comments »

  1. Excellent interview with Mr. Sinclair, thanks for the link. What an impressive career and a wealth of knowledge.

    I was surprised to see Mr. Sinclair praising Bernanke and his QE to infinity policy. He also mentioned that Ron Paul can’t win because he would try and put a stop to the QE madness. Interesting, so instead of applying the brakes before we drive off the edge of the canyon, we have strapped on the JATO (Jet Assisted Take Off) rockets called QE and plan to jettison “safely” across to the other side. Good luck with that. Based upon Bernanke’s past performance, we are more likely to slam into the canyon wall on the other side.

    Instead of our praise, Bernanke deserves the 2012 Darwin Award for killing the US Economy. Anyone remember the 1996 nominee?

    http://www.complang.tuwien.ac.at/alex/jato.html

    Comment by sw — April 27, 2012 @ 10:33 pm

  2. Robert Wenzel’s speech at the NY Fed – fantastic! He blasts Bernanke and the rest of the Fed governors–

    http://www.zerohedge.com/news/robert-wenzels-david-speech-crushes-federal-reserves-goliath-dream

    “In conclusion, it is my belief that from start to finish the Fed is a failure. I believe faulty methodology is used, I believe that the justification for the Fed, to bring price and economic stability, has never been a success. I repeat, prices since the start of the Fed have climbed by 2,241% and there have been over the same period 18 recessions. No one seems to care at the Fed about the gold supposedly backing up the gold certificates on the Fed balance sheet. The emperor has no clothes.”

    “The noose is tightening on your organization, vast amounts of money printing are now required to keep your manipulated economy afloat. It will ultimately result in huge price inflation, or, if you stop printing, another massive economic crash will occur. There is no other way out.”

    “Let’s have one good meal here. Let’s make it a feast. Then I ask you, I plead with you, I beg you all, walk out of here with me, never to come back. It’s the moral and ethical thing to do. Nothing good goes on in this place. Let’s lock the doors and leave the building to the spiders, moths and four-legged rats.”

    Comment by sw — April 28, 2012 @ 12:35 pm


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