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Sinclair: “How Do We Know That Tomorrow Isn’t The Day?”
Posted By admin On November 1, 2013 @ 6:05 am In Money Watch | Comments Disabled
November 1, 2013
While most economists and market analysts jump on the mainstream bandwagon by supporting the deception, one contrarian who has never touted the party line is Jim Sinclair of JS mineset .
He’s been accurately forecasting trends and market movements, especially precious metals, for nearly four decades, so he knows a thing or two about public perception, market confidence, and the reality of economic fundamentals.
In his latest interview with USA Watchdog , Sinclair warns that the bottom could fall out at anytime, and the effects will be nothing short of devastating.
Whether you’re goal is to protect your wealth from the continued destruction of our currency, or if it’s to insulate your family from an event that could threaten our food supplies or the normal flow of commerce , now is the time to prepare for the real possibility  of an ‘event’ so serious that it will leave the majority of our populace scrambling once it happens.
And as Jim Sinclair notes, it will happen… maybe even tomorrow.
How do we know that tomorrow isn’t the day? Or the day after?
We have so many things wrong in the economy… so many holes in the dike… so many fingers stuck in the dike to try and keep it functioning… that any one of those could create what, ten, twenty, thirty events that could create significant loss of confidence.
Nothing has changed. It has gotten worse. Derivatives haven’t gone away, they’ve grown. Debt hasn’t gone away, it has gone up exponentially. there is no argument that says the dollar is entering into a period of strength. The U.S. economy, at best, is a straight line with a slight uptrend… but very slight… very fragile… very easily derailed… All of which affects confidence.
We’re facing the annihilation of currency.
We’re facing the shift of America as the leading and most influential nation in the world to some form of Banana Republic.
We’re facing… being a second rate country.
In the banking industry we’re facing the possibility of a bail-in rather than a bail-out.
On the individual level, if it wasn’t for food stamps, we’d have long lines waiting for free food.
… We are in a decelerating recovery, which by definition, economically, is an accelerating recession.
Watch, as Jim Sinclair and Greg Hunter discuss everything from how to protect yourself once confidence is lost, to how to GOTS, or Get Out of the System, before the-powers-that-be leave you broke and hungry.
Jim Sinclair is well known for investment recommendations designed to protect you from a widespread loss of confidence in the system’s ability to mitigate crisis and maintain stability.
Gold is insurance. What it insures you against is everything that has to do with the confidence in which gold, the currency is trading, the dollar.
So all of these debt situations, even massive spying on our allies… anything that can affect confidence in the U.S. dollar… is hedged by, it’s insured by gold. The combination is debt, dollar, gold. That’s the influencing items that all come down to confidence.
And confidence lost is a currency event.
And hyperinflation, that which I expect, is not an event economic. It’s an event of a currency… losing confidence in a very short period of time.
I think the dollar gets hammered. I believe we are headed for hyperinflation.
While gold and silver  will certainly protect you in the event of an annihilation of our currency, consider that your “portfolio” should include other hard assets that may be just as valuable, if not more valuable depending on the circumstances.
If we’re to expect a hyperinflationary event , then we must assume that the dollar has crashed, rendering it valueless in the eyes of your local merchant and even foreign suppliers of things like food, oil, and technology.
This means that without the dollar there will exist no means of exchange, essentially causing a disruption to the normal flow of commerce.
Subsequently we’d lose our ability to “purchase” food, gas, and anything else you acquire by means of dollar denominated payments.
In such a scenario, only hard assets will be of value. This means that if you haven’t put aside long-term food stores  and other barterable supplies , you’ll be left to face thehorrific consequences .
The trend is clear. Trillions are being printed on a yearly basis in an effort to keep up a perception of confidence and stability.
The resulting annihilation of our currency and very way of life is inevitable.
Article printed from Prison Planet.com: http://www.prisonplanet.com
URL to article: http://www.prisonplanet.com/sinclair-how-do-we-know-that-tomorrow-isnt-the-day.html
URLs in this post:
 SHTFplan.com: http://www.shtfplan.com/headline-news/sinclair-how-do-we-know-that-tomorrow-isnt-the-day_10312013
 JS mineset: http://www.jsmineset.com/
 USA Watchdog: http://usawatchdog.com/jim-sinclair-50000-gold-us-dollar-collapse-hyperinflation-and-more/
 threaten our food supplies or the normal flow of commerce: http://www.shtfplan.com/emergency-preparedness/shadow-stats-founder-on-hyperinflation-disruptions-to-food-supplies-normal-flow-of-commerce_05052010
 prepare for the real possibility: http://readynutrition.com/resources/category/preparedness/
 gold and silver: http://www.jmbullion.com/
 expect a hyperinflationary event: http://www.shtfplan.com/headline-news/approaching-the-end-game-a-domestic-hyperinflationary-environment-should-evolve-before-the-end-of-next-year_07052013
 long-term food stores: http://www.theorganicprepper.ca/the-pantry-primer-how-to-build-a-one-year-food-supply-in-three-months-08042013
 barterable supplies: http://readynutrition.com/resources/week-50-of-52-bartering-and-the-community_24082012/
 horrific consequences: http://www.shtfplan.com/emergency-preparedness/how-horrific-will-it-be-for-the-non-prepper_05122012
 Gold’s Breakout Not A Cause For Celebration: http://www.prisonplanet.com/gold%e2%80%99s-breakout-not-a-cause-for-celebration.html
 Jim Sinclair: Strap In For Gold’s Move To $1650 By January: http://www.prisonplanet.com/jim-sinclair-strap-in-for-golds-move-to-1650-by-january.html
 G7 Preparing Statement To Support Dollar, EU, In Fact Everything That Would Otherwise Collapse Tomorrow, Before Asia Open: http://www.prisonplanet.com/g7-preparing-statement-to-support-dollar-eu-in-fact-everything-that-would-otherwise-collapse-tomorrow-before-asia-open.html
 Why Investors Are Buying Silver As If There Is No Tomorrow: http://www.prisonplanet.com/why-investors-are-buying-silver-as-if-there-is-no-tomorrow.html
 Food, Guns, Gold: “The Record is Rather Clear On the Side of Commodity Money”: http://www.prisonplanet.com/food-guns-gold-the-record-is-rather-clear-on-the-side-of-commodity-money.html
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