pt 3/3 Jim Sinclair on King World News

Legendary Jim Sinclair known as Mr. Gold for his remarkably accurate timing regarding the gold bull market of the 70s is the Founder of jsmineset.com and Chairman of Tanzanian Royalty Exploration. In this interview James discusses inflation, deflation, hyperinflation, the U.S. Dollar, gold, silver, social unrest, the Federal Reserve, commercial banks incorrectly positioned on the COT, fraudulent bank balance sheets, the equity market, future opportunity, gold and silver shares and much more. King World News thanks Jim for being so gracious with his time.


JIM SINCLAIR - Chairman of Tanzanian Royalty Exploration & Founder of Jim Sinclairs Mine Set

Jim Sinclair is primarily a precious metals specialist and a commodities and foreign currency trader. He founded the Sinclair Group of Companies (1977), which offered full brokerage services in stocks, bonds, and other investment vehicles. The companies, which operated branches in New York , Kansas City, Toronto , Chicago , London and Geneva , were sold in 1983.

From 1981 to 1984, Mr. Sinclair served as a Precious Metals Advisor to Hunt Oil and the Hunt family for the liquidation of their silver position as a prerequisite for the $1 billion loan arranged by the Chairman of the Federal Reserve, Paul Volker.

He was also a General Partner and Member of the Executive Committee of two New York Stock Exchange firms and President of Sinclair Global Clearing Corporation (commodity clearing firm) and Global Arbitrage (derivative dealer in metals and currencies).

In April 2002, shareholders of Tanzanian Royalty Exploration (formerly Tan Range Exploration) approved the acquisition of Tanzania American International, a company controlled by the Sinclair family, for shares in Tan Range . Following this transaction, Mr. Sinclair became Chairman of Tan Range and now leads its efforts to become a gold royalty company.

He has authored numerous magazine articles and three books dealing with a variety of investment subjects, including precious metals, trading strategies and geopolitical events, and their relationship to world economics and the markets. He is a frequent and enormously popular speaker at gold investment conferences and his commentary on gold and other financial issues garners extensive media coverage at home and abroad.

In January 2003, Mr. Sinclair launched, Jim Sinclairs MineSet, which now hosts his gold commentary and is intended as a free service to the gold community.

Category:

News & Politics

Tags:

• sinclair
• gold
• jim
• silver
• inflation
• delfation
• hyperinflation
• fed
• gata
• jsmineset
• dollar
• collapse
• Precious
• Metals
• social
• unrest
• federal
• reserve
• bernanke
• obama
• manipulation
• fraud
• banking

[alphadawg44]

You are incorrect about FASB. FASB is overseen by the SEC which is controlled by congress. FASB created and implemented mark to market, when this crisis exploded, congress said to SEC who said to FASB repeal m to m. what can FASB do?

Read FAS 157, in fact they have also made a recent pronouncement about SIV's and off balance sheet assets. It is set to become effective 11/15/09. I gaurantee somehow, some way the banksters will kill it.

The reality is that FASB has no authority.

[Melville10]

West declining, East rising----well put by Sinclair.

[lynnybee888]

.......the most intelligent conversation I've heard ........ thoroughly enjoyed this video & thank you for posting it !!