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Re: Congratulations to Jim Sinclair

By: fizzy in ROUND | Recommend this post (0)
Wed, 03 Aug 11 12:27 AM | 33 view(s)
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Msg. 34207 of 45644
(This msg. is a reply to 34201 by Decomposed)

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I think it was 2002 or early 03 when I did some quick calculations adjusting historic prices for then fed numbers on dollar debasement and came to something like 2400 on the low end and 7700 on the high. But even I wouldn't have believed the government would do everything wrong at every turn, again and again and again. As I recall, back then sinclair was still a staunch republican and 1600 was approx the highest he would call gold.


Now, it is clear, there I'd no way out. More correctly, there is a way out but we've just seen proof that even now the clowns are at play and will not let a crrency system collapse interrupt their bread and circus.

wowser. Get out of the theatre while you can. Take your assets and leave your debt for clo and zimbler to eat.


I have come to realize that men are not born to be free. Liberty is a need felt by a small class of people whom nature has endowed with nobler minds than the mass of men. -Napoleon


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The above is a reply to the following message:
Congratulations to Jim Sinclair
By: Decomposed
in ROUND
Tue, 02 Aug 11 11:30 PM
Msg. 34201 of 45644

He predicted some ten years ago that gold would reach $1,650. He now says if gold breaks thru the 1754 level, it'll be off to 10-12k prices.

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