Sinclair - All Hell Is Breaking Loose After Cyprus Catastrophe

Jimbo be Da Man!



He's called the gold market all the way up, and now looks to a minimum price of $3,500/Toz.

I believe it will go MUCH higher.

Sinclair:  “Well, it should have frightened many of the players involved, and served as a wake-up call.  There was a great miscalculation made with regards to Cyprus, and the situation has quickly turned into a catastrophe.  There was no real understanding of the entities that were behind the Russian corporations which have money in Cyprus, and the effect of what is in reality the confiscation of Russian ex-KGB money. 

The people at the IMF, which have spearheaded this disaster, never expected the ‘Cyprus Solution’ to blow up in their face the way it has....

[link to kingworldnews.com]

The Russian mob is a joke?

I wouldn't fuck with the Russian mob for all the money in Cyprus.

Just sayin'.

This article is well written and provides an excellent summary of what this is all about.

[link to www.washingtonpost.com]

Russia is not a joke! The USA is a big joke, wait for Obama to come on TV and say we don't have a pot to piss in!
Who's laughing now

Jim Sinclair is the most accurate of the gold forecasters there is and people should listen to what he has to say...

Oh come on - you suppose these IMF dudes didn't know exactly whose money this was and how they would react!?

Also they know damn well that a move like this would put investors in PIGS countries on alert to take their cash out of the banks.

Almost a year ago , Jim Sinclair opined that 50% or more of the $37 trillion market in credit default swaps could be attached to Greece. NOTHING happened. This guy is delusional.

Sinclair:  “Well, it should have frightened many of the players involved, and served as a wake-up call.  There was a great miscalculation made with regards to Cyprus, and the situation has quickly turned into a catastrophe.  There was no real understanding of the entities that were behind the Russian corporations which have money in Cyprus, and the effect of what is in reality the confiscation of Russian ex-KGB money. 

The people at the IMF, which have spearheaded this disaster, never expected the ‘Cyprus Solution’ to blow up in their face the way it has....

[link to kingworldnews.com]

I agree. They know exactly what they are doing. They are trying to goad Russia into getting violent. They really want a war to start and they want the Russians to get the blame for the start of it.

Sinclair:  “Well, it should have frightened many of the players involved, and served as a wake-up call.  There was a great miscalculation made with regards to Cyprus, and the situation has quickly turned into a catastrophe.  There was no real understanding of the entities that were behind the Russian corporations which have money in Cyprus, and the effect of what is in reality the confiscation of Russian ex-KGB money. 

The people at the IMF, which have spearheaded this disaster, never expected the ‘Cyprus Solution’ to blow up in their face the way it has....

[link to kingworldnews.com]

Russia is not a joke! The USA is a big joke, wait for Obama to come on TV and say we don't have a pot to piss in!
Who's laughing now

OP dont make me laugh,

of course they know whos money they are robbing
of course they want to trigger the conflict out of it
u think it was accident that ship full of bombs was waiting for months next to power station?

Capitalists aren't that bright...greedy, yes, bright, no. These guys genuinely cocked up and I suspect Sinclair is right...they are scared shitless. These ex spies now turned oligarchs will use the skills they learnt in the Cold War to run their business empires. Greed rules Russia these days, like everywhere else.