A question for anyone who knows....Does anyone know how to put this in plain English?
Jim Sinclair’s Commentary
The madness will not stop. The situation is over the edge.
It is not a question of what going forward. The damage is done. Hyperinflation is assured.
The new reserve currency will be a virtual currency (average of allmajor currencies). It will be tied to gold via a worldwide M3 typeliquidity. It will not be convertible.
All situations like now resolve themselves via a commodity currency. That is the entire story.