JiM SINCLAIR: FALL OF 2013 AND THE GREAT BANKING CRISIS....COMEX WILL BE FORCED TO SETTLE GOLD CONTRACTS WITH CASH IN NEXT 90 DAYS

Jim Sinclair sent out an email alert to subscribers over the weekend warning that the fall of 2013 may begin the great banking crisis that the metals community has been anticipating since 2007, and that the US will likely not fully recover from the coming collapse until 2018-2020!.....

"On the fundamental view, I have directed you to Global European Anticipation Bulletin. I find no other source with which I agree more than GEAB. The following demands our consideration.

GEAB shockingly says, “Historians will certainly consider the 2008 crisis as a warning shot before that of 2013. All of the world’s regions won’t be a can be summarized as the following affected the same way but all will suffer. According to LEAP/ E2020 the stages of this second crisis as follows:

-end 2013, financial impact: collapse of financial markets especially in the US and Japan. Banks can no longer be saved by the states and BAIL-Ins are put in place;"

[link to www.silverdoctors.com]

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While Jim Sinclair was admittedly several months early in calling a bottom to the current gold correction, few if any today understand the FUNDAMENTALS for gold today as well as Mr. Gold.

With gold notching its biggest up day in over 13 months Monday, trading up $40 to over $1340, Sinclair has alerted readers that the GOFO holding negative 11 days and counting is screaming the truth that that there is no meaningful above ground supply of gold.

As a consequence, Sinclair states that the COMEX will be forced to move to cash settlement for gold contracts within the next 90 days, and that the chaos resulting from the COMEX changing their spot contract settlement could result in multi hundred dollar days to the upside for gold!

[link to www.silverdoctors.com]

Last Edited by PANIK on 07/23/2013 01:36 PM