Tuesday, October 6, 2009

Jim Sinclair Mineset | Gold’s Breakout Not A Cause For Celebration

Hyper-inflation has always been a currency event, not an economic event. The currency event has always been, for whatever reason it occurred, a loss of confidence phenomenon. Clearly confidence in the US dollar and its management is slipping. Historically when this currency event comes about the transition is extremely fast.

We have been doing a countdown to the beginning of the end, or that process acceleration. There are 33 days to go.......