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Legendary investor Jim Sinclair and his business partner

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NYBob Member Level  Tuesday, 07/16/19 04:28:57 AM
Re: mick post# 398
Post # of 443 
Legendary investor Jim Sinclair and his business partner Bill Holter
say Gold is going much higher.
It’s a mathematical certainty.
Sinclair says, “You need to look at gold, not a speculation,
but as a savings account.
If the dollar gets sliced in half, you basically double the value
(of your gold) if not more.
I think much more. . . . In the second reset, that will take gold
to a price where it will balance the ability to pay global debt.
That’s the major move coming forward.
Right now, we are definitely going back to the $1,850 and $1,925 area
per ounce for gold.
The second reset, you can pick any price you want for gold.
Pick a high price.”

With the national debt officially at $22 trillion, and the additional
“missing” $21 trillion discovered by Economics Professor Mark Skidmore
at Michigan State University in 2017, you have a huge amount of debt
and dollars floating around.
This fact makes Sinclair’s prediction of $50,000 per ounce gold
a few years ago look conservative.
Bill Holter has done the math and says it simply must go much higher.
Holter explains, “If you take the 8,300 tons the U.S. supposedly has,
and I did this math last year when the official national debt was
approaching $21 trillion, gold would need
to be $87,000 per ounce to cover just the on books debt.
I am not talking about the “missing” money, not future guarantees,
pensions, Social Security and things like that. . . . So, the number
is $87,000 per ounce for gold or multiples of that.
Jim + Bill 2 of my most respected gentlemen on Economy and Gold
Excellent presentation!
Thank you for having these Truth tellers on your show to educate
the sleeping masses!
May God forgive us and protect us!


I'm happy Judy Shelton taking my place on Fed board: Stephen Moore -



https://www.youtube.com/watch?v=_rRQgBNXFn0


Prospective Federal Reserve Board Nominee Judy Shelton -
Judy Shelton: Free market mechanisms can work -





https://www.youtube.com/watch?v=PKD2SgtITrQ


Possible Fed Nominee Shelton Says Monetary Policy Should Support Pro-Growth Agenda




https://www.youtube.com/watch?v=g727MNEgMHI


In GOD We Trust -








http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA




My opinions are my own and and DD I post should be confirmed as unbiased
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