Saturday, October 9, 2010

Jim Sinclair: The Biggest Fraud Ever In Capital Markets

My Dear Friends,
This is not an exaggeration. If anything, it might be an understatement.
I told you about this last week as a class action with a RICO statute was filed against servicers acting for international investment banks foreclosing on loans that represented the collateral for securitized mortgage debt, a fraudulent OTC derivative.
The banksters tried to sneak through a bill that would make their criminal actions legal. The screams were heard in the White House and before the bill passed all its requirements the President vetoed it. That occurred even before the bill had completed its required procedures.
We are now in Crisis #2 which can eclipse anything you have seen yet because of the size of the creation of this pariah in the OTC derivative disaster.
This will not pass quietly. It is going to tear the dickens out of what is left of the financial firms that brought the horror to the Western World. It will be orders of magnitude uglier than anything you have seen so far.Gold is headed to $1650 for starters. When it vaults, the price will move hundreds of dollars in a matter of days.When all this began, before others, I told you via JSMineset that "This is it! "
Now I am telling you the final you know what has hit the fan. The geometric rise in gold and fall in the dollar are now at the doorstep.
Are you ready?
I am, everywhere and in every sense!
‘This is the biggest fraud in the history of the capital markets’
More Here..

Jobless After 50? You May Be Out of Luck 


  1. I've been paying close attention to Jim for quite a while. When he said gold would trade at or above $1650 on Jan 14, 2011, I listened and bought at $800. We are now $300 from his mark with 3 months to go. If we are at that number on Jan 14, I may have to follow him 'all in', because his next call is...

    the date that a new currency form will replace the form of the US dollar as you know it today which is the third week of June 2012.

  2. This may be true, but how many "this it it" predictions has this person already given? I'd say oh every month or so, so I guess one is bound to hit.

  3. You're mixing his 'this is it' phrase, which is not a prediction, with an actual future prediction.

  4. Sinclair is an insider, I have followed him since the early 80's

  5. Oh I'm sorry, what would you call it then? In any case each "prediction" that this is finally it has been wrong in my recollection. Starts to sound a bit like Crying Wolf.

    Of course the further we go the more likely the whirlwind is going to sweep it all away.


  7. Why do you think it has "to end" ?

    All these people are selling somebody something, all of them. Gold, newsletters, blah blah blah.

    You will come to realize that diversification has always been smart; and that all central banks the world over are now tied together at the hip.

    What, you think one of these trend setters is going to actually tell the world banks that they can't print any more fiat money?

    Get real people, they have been doing it since '62 and will continue. So what if an entire country defaults ? So? They start printing a new fiat currency; in 5 years everyone forgets about the old & off we go.

    Remember, with over 6 billion people walikng around; paper is the only real way of exchanging goods and services. Who cares if it's really worth a cent - as long as the next guy will accept it ?

    THese gloom and doomers have been selling their snake oil for 50 freaking years

    The sun will come up in the east and set in the west

    Now that's a guarantee I can live with

  8. I have to agree with above posters. I also have followed Jim Sinclair regularly, and he has been yapping about $1650 gold for about two years now. It's always "In Two Months!!!". All I can say is that I have accumulated metal, but most importantly, LEAD. I really am sick of all the predictions and talk. Let's get to some good ol', down home gunblastin'. Bustin' caps and splittin' wigs....

  9. hey there - you guys reading all about the MERS and the forclosure mess - you know the banks stopping all forclosures because of wrong or missing paperwork and "who has the note" stuff?

    so - if a bank cannot forclose because they sold the note and collected full payment, the security which had the note bundled into it cannot collect for the homeowner because they dont really have the note they just have an income stream - even if you paid off your home you could not get true title - correct?

  10. have to agree with above posters. I also have followed Jim Sinclair regularly, and he has been yapping about $1650 gold for about two years now. It's always "In Two Months!!!".

    Incorrect. It has always been Jan 14, 2011. As a result of listening, I am up $100K in "non-taxable" gains. Cheers, fools.

  11. 6:05 - Your ignorance and outright lies are truly profound. Jim Sinclair is known as "Mr. Gold" and is regarded as the BEST gold analyst/trader in the world. If you've really been reading him you'd know that he has been predicting $1650 gold by January 2011 gold since 2001 REPEAT 2001.

    He has NEVER, EVER said "in two months". That is a TOTAL lie and you know it. Don't try to fool people like me with your lies because I'll call you out on it EVER time.

  12. Let's do a little historical rewind here people.

    Take this statement for example from Jim Sinclair last year:

    "Yes, that is right. You have a little more than 130 DAYS before MOPE (management of perspective economics) falls into the abyss of loss of confidence in the US dollar.

    The event will be the birth of hyperinflation in the US and elsewhere to the horror of the spin media. Crude has been trying to explain this to the public, but so far they have not gotten a clue. Crude strength is being called a hedge against the dollar as fundamental energy analysts are hard pressed to explain a rise from $30 into the $70s with NO pick up in US economic activity and NO massive draw down on supplies. The oil price is an example of the arcane and exoteric mechanism of hyperinflation soon to take gold to $1224, $1650 and then on to Alf and Armstrong's numbers. This phenomenon is something that the murderous Children of the Corn that run the hedge funds will not accept until it happens.

    Happen it will.

    130 days is no time at all. Are you prepared?"

    Lets rewind further to 2008.

    Jim Sinclair states 1650 per ounce gold in a matter of DAYS. So it sounds like he has been predicting 1650 gold, but it is always just around the corner and he keeps resetting his predictions. Of course eventually he will land after so much time.

    Another prediction? In Dec. 2009 he predicted 1224 gold. During that month the price, a bit below that mark already, actually fell almost 200 dollars.

    This isnt about detracting individuals track records but rather about keeping them honest. If you keep revising history of course you will sound impeccable. Im sure there are other examples.

  13. 9;58 the fact of the matter is, he is right. Because of the government intervention called stimulus and rigged markets, he has been correct on the direction of gold. The timing is off only because of the lying, cheating and fraud that NOBODY could ever imagine would occur, and be so widespread! If he was wrong on the direction, gold would be going the other way. So, since 2001 he has been correct 100% of the time, unlike the government and media which has been wrong 100% of the time.

  14. 9:58 and 10:20 if I may add to this discussion:

    If any scientist made that many theories that died their career would be gone. In conspiracy theories you can look back at Alex Jones and David Icke, all the great predictions they made which never once hit the mark.

    Swine Flu came and went but David and Alex were saying how October (09) would be the global take over. Nothing happened except further economic and political turbulence. Alex Jones said this shit every few months since the 90s... rubbish. It's funny how the only example they can use of a police state is Nazi Germany, they don't even know what progressives are or the history of other socialist governments far worse than the Nazis.

    However, the media has probably never been right about anything. Even the senseless shit they report on and distort the real story to the point of having almost no similarities. Gullible people (people weighed down in theta waves) don't even think there could be a flaw.

    Most of what people learn is trash. In schools people are designed to be slow and impractical. It is meant to numb the mind and prevent any free/living activity by conditioning it to be mechanical. The focus is to keep everything cycling the same way and make subordinate wimps enter the real world who don't know how to think. The military is no different - beat people down so hard and make them say 'yes sir' to a person that might be dumber than they are the result will breed someone even dumber.

    With that understood it isn't hard to realize the source of stupidity. A lack of self esteem is the cause. Self esteem (healthy ego) thrives when it is confident and disciplined. If it can stand alone for a period of time it can dismiss all cliques and factions that people flock to out of fear. If self esteem is vacant fear and submissiveness will grip the 'individual' who is largely not controlling their own ship. Fear converts to aggression and vice versa. Those that manipulate and command are fearful and only get strong by insecure people.

    A most succint yet thorough example is when someone shares one mortgage with family and insists on moving out to get their own place. They may make under 15 dollars an hour but they'll still do it. Do they know the economy? Great minds focus on the mysteries of the universe, good minds focus on the world, little minds focus on toys, but what about peanut minds? How could people be that incapable to see past their own hand?

    I guess I could go on for about 50,000 words on this topic so I'll stop digressing and return to the initial focus.

    With such horrible information sources in this brainwashed, consciously absent world, what can you look to for the absolute? The economic and social problems grow daily, this much is true. What can We do, being those who are spiritually advanced enough, mentally matured if you prefer, to want Truth?

    It's tough.

  15. 12:04 you can go on and on with conspiracies but the fact of the matter is, things go in cycles. EVERYTHING. The cycles take years and years to develop. Years to go up and YEARS to go down...and...Thank God for fear. If we didn't have it, prices of everything would be astronomical. The sheep would think that the good times last forever, when everything... EVERYTHING dies. Nobody believes that, they regress, whine and cry when the looooong cycle approaches the bottom..

  16. It is astounding that someone would say: despite all these facts, the fact is, Jim Sinclair is always right. What?! Did I just read that right? Sheep come in all different shapes and sizes. Anyone can be a "true believer". It just takes a little faith and a simple mind.

  17. Here's the way I look at this...
    You could've taken GWB's advice in '01 and gone to Disneyland to spend money.
    Or you could've listened to JS in '01 and bought gold.

    How was Disneyland, sheople?
    I backed the truck up and I no longer have to work.

    How is that Disneyland "memory" working out?

  18. Wow, you think you are special because you invested in 01 or after? Now you are better than every one else? It took someone else to think for you back then, apparently. So of course he is magically infallible since you made a few extra thou. on your gold and probably still dont know why.

  19. Anon at 9:52PM,
    How was Space Mountain?

  20. Obama vetoed this bill that would give bankers an unfair advantage.

    Let's give Obama some credit. He is standing up for the people. It will take time to clean up Bush's mess.

    Let's all pray for our leaders.


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