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Jim Sinclair Calls Gold at $4,400 before taking over as currency for the Golden Age

Dear CIGAs,

The new normal in Gold, the “Comet Gold Resistance Movement,” is your ticket to a sound monetary system. This will be followed by a period of long-term industrial growth as the world has never seen based on ultimate money, forced by the actions of the market place, not a product of any numbered group, be it G20, or G anything.

Since there is no doubt at all that the price of gold is going to and through $3500 with unimaginable volatility, I once again would like to suggest as in all wars that when a battle has been lost, the rise of the Gold and Silver Resistance Force, a militia of sorts in the market.

The reason behind this suggestion is explained below as the economic axiom known as Gresham’s Law operating in the Central Banks of the BRICs whereby gold is being accumulated with a goal of 15% of the reserve balance. To create this reserve goal you can reduce the fiat reserves as well as increase the gold reserves. You can reduce your fiat reserves by long term contracts in dollars by parastatal accumulation of resources and the means of production. The goal of 15% of reserves are the currency gold, and gold’s ascent in the marketplace due to the effect of Gresham’s Law to an accepted currency form. This is something the West has no control over. All the West can do is to attempt to inflict outrageous volatility into gold thereby trying to make confidence in the price of gold hard for those that do not understand. I have started to suggest this movement in the video repeated at least 6 times here that states, “Gentlemen, prepare to defend yourselves.”

read more http://golden-rule.org/2013/03/04/jim-sinclair-calls-gold-at...



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And silver hits

$275.00. That's what I'm talkin about.

To my Liberal Trolls:
"Really Don't mind if you sit this one out. Your words but a whisper, your deafness a shout. I may make you feel, but I can't make you think."
Ian Anderson 1972

Bump...

From all my research regarding precious metals... the current downturn was planned and is definitely meant to get the faint of heart out of their silver/gold positions.

I'm also noticing many very large investments in bitcoin - in one case close to a million dollars in one trade just recently. The volatility in bitcoin is most definitely being controlled by the same banksters that are manipulating precious metals. Looks like they are selling short in paper silver/gold and using that paper leverage to run up the bitcoin price.

This is why I haven't been a fan of bitcoin lately. I've realized that a FINITE currency is not necessarily a good thing. What is important is transparency and that each credit in the currency is backed up by SOMETHING with tangible value.

If that something with tangible value is very LIMITED in supply then it can be hoarded and hence used to control the DEMAND on whatever (in this case) gold is outstanding.

If you haven't seen the movie Money Masters and believe that gold... or bitcoin (something pretty well finite) is the answer then you are sorely lacking very important information in order to make an educated decision on this issue. It was after watching money masters that I got the idea for bart-mart...

I repeat EVERY LIBERTARIAN should have seen Money Masters BY NOW... you are SORELY missing out!!!

I developed bart-mart due to its unlimited credit potential however LIMITED ability to create those credits. You must have SOMETHING of tangible value (a pen, a book, a hammer etc) in order to create credits in the bart-mart system. Each dealer is their own "Ben Bernanke" with the exception that you can't just create these "credits" out of thin air - u must have something to back them up with in your inventory.

http://www.bart-mart.com/how.mp3
http://www.bart-mart.com/vincent

THINK about it... everything around you is has a tangible value does it not? Then why is it not also backing up a currency while sitting in inventory... in the same way gold backs up a currency while sitting in a vault?

What's more... wouldn't it be a lot better to grab some stuff you don't need anymore and bring it on down to the local bart-mart and trade it in for something you might actually use?

Or you can take your hard earned cash and spend it? What would you rather do?

vinceableworld

you really disappoint me. You really need to stop spreading false information about Bitcoin. You obviously don't know what the hell you're talking about. You even say people shouldn't be using gold. What a joke.

Jim Sinclair is always worth a read.

Thanks for posting it, Bob.