Gold Will Balance The Balance Sheet Of The Transgressors
February 14, 2013, at 1:49 pm
by Jim Sinclair in the category General Editorial | Print This Post | Email This Post
My Dear Friends,
Please do not be hoodwinked by these demonic sociopath bankster gold banks that, just like in 1979-1980 with the help of Trojan Horse gold writers, stole a huge amount of gold and gold shares from long term cash investors, leaving them without any insurance as the gold market made the highest price and covered the most dollars of appreciation over the shortest period of time.
In the 70s gold appreciated on the basis of what MIGHT happen. Gold is going to and through $3500 because of what has already happened already. Not one more problem by one more dollar is required for gold to attempt to move in price to balance the balance sheets here, there and everywhere.
My advice is to hold all gold positions and wait patiently for the correction to end. Just before the huge 1979-80 surge, we saw a big ‘clean out’ correction in gold. I believe history is about repeat.
– Richard Russell on King World News Radio
You have heard it from Richard Russell and myself. You can be active in the gold and gold investment market by simply doing nothing. The new evil demonic gold bank destroyers of good efforts are working hard to create a waterfall in gold and gold shares that can only happen if you are foolish enough to shift your decision making to your emotions. If you want to fight back, do not under any circumstances panic now. If you do not panic they will be beaten as this is the last significant reaction before gold roars higher. If you want to be in the fight and not simply a spectator, you simply have to do nothing whatsoever.
Richard Russell and I are not newcomers to the gold market. Neither Richard nor I have experienced embarrassment as leaders, directing our friends into a trap of price or time. We will not fail now. Our legacy will be extremely clean.
Gold is heading toward the system and not away from it. Gold is the necklace many currencies will be wearing from 2015 forward. The percentage of gold being held as reserves seems to have a 15% target on it. That should give you an easy way to compute what these central banks are thinking in regard to the ultimate value of gold in the free gold cash market.
Gold is the only tool available to balance the balance sheets of the worst monetary deficit, debt, sinners. Gold will balance the balance sheet of the transgressors. The transgressing central banks have to balance their balance sheets as the world cannot continue forever on this QE sponsored illusion of solvency.
Again this guy is telling us what Jim the Messiah said. It's too bad these longs can't think for themselves and use their own words. I hate to break it to the guy but ole Jimbo probably sold all his gold in Sept 2011 at the high and has been short ever since. Did you notice that's when Jimbo, Schiff, Organ and all the other gold preachers said gold was going to $5000. Here we are 18 months later and gold is DOWN $300 from its high and now we hear gold is going to $3500. What happened to $5000 just 18 months ago. All these guys know they've been caught in a lie but the only ones not to figure it out are the naive longs still investing in the miners. If I were a religious man I'd pray for them but that probably wouldn't help them either.