Jim Sinclair Named Executive Chairman of Singapore Precious Metals Exchange (SGPMX)

http://www.heraldonline.com/2013/11/22/5436011/jim-sinclair-named-executive-chairman.html

Annihilation of U.S. Dollar Coming-Jim Sinclair

Let me de-brief you on Jim Sinclair's track record.  He predicted gold would soar above $850 in the 1970's, when it was fixed at $35.  He sold at the 1980 absolute top--to the day, at $875.

When gold was languishing below $300 a decade ago, he predicted gold would reach $1650.   In 2011, gold reached a peak of $1923.  With gold in the low $1300's recently, he is forecasting price targets of $3,500--and $50,000.

I hope he is wrong.  But over the last four decades, he hasn't been.

http://usawatchdog.com/jim-sinclair-50000-gold-us-dollar-collapse-hyperinflation-and-more/

Sinclair predicts, by 2016, “Gold will be $3,200 to $3,500 an ounce.”  By 2020, Sinclair predicts, “Emancipated gold will be $50,000 per ounce.”

Jim Sinclair's MineSet quote

In the US, the Patriot Act allows for the contents of safety deposit boxes to be seized without a search warrant when its deemed to be a matter of ‘national security’. In the event that we have a systemic banking crisis we could easily see such laws invoked and your assets will be at risk. Jim strongly advocates that you remove all third parties between you and your investments. If you cannot store them personally I would certainly seek storage outside of the system. There are potential options available for international storage that are not expensive. Please let me know if that is of interest to you.

- Peter Mickelberg

Jim Sinclair quote on the price of gold

My Dear Friends,
Gold will now rise to $1650 then react after which it will challenge and exceed the old high.

If paper gold survives this move for physical gold’s emancipation from fraudulent paper as the price determinant, gold will still trade at $3200 to $3500 per ounce.

If, as I believe, the new Russian and Singapore physical gold exchanges plus more physical gold exchanges that will open become the price discovery mechanism for gold, then gold will trade at $50,000 per ounce.

Respectfully yours,
Jim Sinclair

Ask the Expert – Jim Sinclair (June 2013)

http://www.sprottmoney.com/news/ask-the-expert-jim-sinclair-june-2013

Note from Jim Sinclair: "Get out of the system"

Please for your sake, get out of the system. Store gold privately. Keep cash between Singapore, Taiwan and Hong Kong.

Store gold in Switzerland, Singapore or Hong Kong in a non-bank depository. The battle cry for your assets is "Freedom via diversification to Brics or quasi Brics."

You must do this. There is no alternative, and there is precious little time to act. Capital controls are coming at you like a speeding locomotive, and many of you are asleep on the tracks.

Respectfully,

Jim

Jim Sinclair - Media Blackout, Panic & A Major Short Squeeze

The major gold mining company Sinclair and Turk are referring to with the forward sales hedges is Barrick.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/30_Jim_Sinclair_-_Media_Blackout%2C_Panic_%26_A_Major_Short_Squeeze.html

Sinclair - Swiss Bank Just Refused To Give My Friend His Gold

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/23_Sinclair_-_Swiss_Bank_Just_Refused_To_Give_My_Friend_His_Gold.html

No Margin, No Problem

My Dear Friends, 

I suspect that what has just occurred is a near collapse of the fractional gold system. The keys are the many years to re-deliver gold to Germany from New York and AMRO’s suspension of its gold program.

No one can deny that paper gold is being manipulated lower while physical gold is in high demand. Investors are not selling tonight but in the less liquid times the same perps are again using high volume offering scare tactics.

What is occurring tonight is the central planner’s answer to the faltering fractional gold system. This will result in higher long term gold prices, not lower.

Like every can kick that has been executed, this is an attempt to camouflage the occurrence which would end the paper gold market. If you have no margin, you have no problem.

Sincerely,

Jim

Jim Sinclair on "Getting Out of the System"

Dear CIGAs,
We will expand on this over time, but you are “out of the system” if:
1. Your equities are held in certificate form.
2. You have no Federal retirement funds.
3. You have no CDs and investments in bonds.
4. You have modest money deposited among selected BRICs countries.
5. You store your own precious metals.
6. You have no mortgage obligations.
7. You keep cash on hand for 6 months expenses.
8. You have no consumer debt at all.
9. You have a small hobby farm for protein and veggies outside of where you are living with no mortgage debt, set up green.
10. You have a gas, diesel or electric car with high fuel mileage for the farm.
11. You have a generator with large fuel capacity for the farm.
12. You do not live in a major metropolitan area.

- Jim Sinclair

Sinclair - Cyprus, Gold, Russia & A New Monetary System

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/25_Sinclair_-_Cyprus%2C_Gold%2C_Russia_%26_A_New_Monetary_System.html

Sinclair, Farage, Roberts - Cyprus May Dwarf 2008 Collapse

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/23_Sinclair%2C_Farage%2C_Roberts_-_Cyprus_May_Dwarf_2008_Collapse.html

Sinclair - Lagarde’s IMF Disaster Forces Bernanke Out Of Fed

Ron Paul's End the Fed campaign may come into fruition sooner than later.

Anybody find it coincidental that former IMF Managing Director Dominique Strauss-Kahn's character was assassinated with trumped up rape charges, and now current IMF MD Christine LaGarde is similarly being investigated for alleged illegal payoffs?  Being a central banker isn't what it used to be, and Ben Bernanke is already considering exit strategies.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/21_Sinclair_-_Lagardes_IMF_Disaster_Forces_Bernanke_Out_Of_Fed.html

Sinclair - The Next Danger After Putin Crushed IMF In Cyprus

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/20_Sinclair_-_The_Next_Danger_After_Putin_Crushes_IMF_In_Cyprus.html

Sinclair - Cyprus Disaster Is Much Bigger Than Being Reported

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/19_Sinclair_-_Cyprus_Disaster_Is_Much_Bigger_Than_Being_Reported.html

Eric Sprott - Jim Sinclair, $11,000 Gold & Skyrocketing Silver

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/16_Eric_Sprott_-_Jim_Sinclair%2C_%2411%2C000_Gold_%26_Skyrocketing_Silver.html

One Of Legendary Jim Sinclair’s Boldest Predictions Ever

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/14_One_Of_Legendary_Jim_Sinclairs_Boldest_Predictions_Ever.html

$1,000 daily price swings and $3500 gold – Sinclair’s dire predictions

http://www.mineweb.com/mineweb/content/en/mineweb-gold-analysis?oid=181427&sn=Detail

Jim Sinclair - Paper Markets To Disappear As Gold War Rages

Just to give you a background on Jim Sinclair, he declared gold would be $1650 when it was under $300 ten years ago.  Think about that for a minute, and how outlandish that sounds to an untrained eye.  Lo and behold, he was right, as gold went beyond his price target all the way up to $1923 in 2011.

If you choose to dismiss it, realize that if you had $1000 of gold back then, you'd have $6000 today.  Or $1 million then would be worth $6 million today.  In other words, the appreciation scales up, and if anybody had followed his advice, they'd be in a much better place today.  Sinclair's call was not insignificant.  He talks the talk, and walks the walk.

Sinclair is now saying the next upside target is $3500 and higher, which is equally hyperbolic, right?  Not really.  A move from $280 to $1650 is huge, a six-fold rise.  Getting to $3500 from here is merely a double.  And the Fed is printing many more trillions today than they did back in 2002.  That price target, as crazy as it sounds initially, is not far-fetched at all when looking through the prism of the trillions in currency units the world's central banks are creating.  In a currency war, the race to debase is extremely constructive for the price of gold. 

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/6_Jim_Sinclair_-_Paper_Markets_To_Disappear_As_Gold_War_Rages.html

Jim Sinclair - We Are Witnessing A Historic Low In Gold

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/1_Jim_Sinclair_-_We_Are_Witnessing_A_Historic_Low_In_Gold.html