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Jim Sinclair: QE is the Only Tool to Feign Solvency, Gold is the
http://newsdoors.blogspot.com/2013/01/jim-sinclair-qe-is-only-tool-to-feign.html
Jim Sinclair: QE is the Only Tool to Feign Solvency, Gold is the Only Tool to Accomplish Solvency!
Legendary 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.
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