GREY:ALXDF - Post by User
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Shylockon Jun 25, 2018 3:12pm
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Post# 28225690
Important Commentary from Jim Sinclair -
Important Commentary from Jim Sinclair -Posted 25 June 2018, Sunday -
QE to Infinity, followed by Gold balancing the balance sheets of the sovereign balance sheet disasters. Just as there is no tool other than QE to feign financial solvency, there is no tool to balance the balance sheet of the offending entities other than Gold. It is just that simple. --Jim Sinclair
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Dear Jeff,
Please see the video we posted today, Sunday, about a Sino-USA War that could easily grow out of the present trade war that is just beginning. Ten years ago I told everyone that the South China Sea was all about oil, and could create a Sino-USA war, but no one listened. It was like me being sixteen years ahead in telling you gold would go to $1650. Now it will go to $50,000 between a close Friday and an open Monday in the form of a gap never to be filled. Do you now understand why China, and their ally Russia, are buying all physical? Now do you understand why nations are taking their gold bullion home out of the USA and Great Britain?
I pointed out that Pakistan was a major enemy, not an ally to the USA a long time ago. Then, living in India it was not hard to see in advance.
If Africa actually dumps the cancer of corruption, its significance will be huge. However, it will take a Very Strong Scary Man to make it happen. Maybe it is the Hon. President Magafuli of Tanzania who is the man to make that continental change. That key point is invisible to the world's extractive industry. In people's minds, it is questionable if Africa even exists to them other than outside of an undefined continent. Tanzania is the treasure trove of rare earth and strategic metals and materials. Tanzania is the resource center and gold lockbox for the entire world, not RSA or DRC. What is wrong with "Africa for Africans" if "America First" is palatable. Colonialism is dead everywhere, but in the management of extractive industries understanding. The miners simply have no clue of the future of Africa or of the items they extract.
Why do I see all of this clearly, and seem so impotent to communicate to the many? I actually see it like others see a movie, but who listens. Did you before? Do you now? So what good is knowing the ending of things before the beginning of things? I do, but so what?
Jim Sinclair
Executive Chairman
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Commentary:
Now it will go to $50,000 between a close Friday and an open Monday in the form of a gap never to be filled. Do you now understand why China, and their ally Russia, are buying all physical? Now do you understand why nations are taking their gold bullion home out of the USA and Great Britain?
| Can you imagine what this event, more probable than possible, would do to the shares of the junior gold explorers, including Alexandria?
I will allow you to draw your own conclusions.
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