http://www.ellismartinreport.com
Twitter: http://twitter.com/#!/EllisMartinRprt
Facebook: http://www.facebook.com/ellismartin
Ellis Martin and Jim Sinclair, President of Tanzanian Royalty Exploration Corporation (NYSE:TRX) discuss "mercantile sense" and intuitive investing. Mr. Sinclair also alludes to an unknown surprise within 48 hours of this interview.
Tanzanian Royalty focuses primarily on gold assets strategically located in the Lake Victoria Greenstone Belt of Tanzania, one of the most prolific gold producing regions in the world. The company acquired a 55% interest in the advanced-stage Buckreef Gold Mine Development Project which could see commercial production in 2014. We'll talk about that project and more today. Previously to helming Tanzanian Royalty, Mr. Sinclair was the founder of the Sinclair Group of Companies which offered brokerage services in stocks, bonds etc., operating in New York, Chicago, Kansas City, Toronto, London and Geneva. He was an advisor to Hunt Oil and the Hunt family from 1981-1984 for the liquidation of their silver position as a pre-requisite for the $1 billion dollar loan arranged by former Fed Chairman, Paul Volker. Mr. Sinclair was a general partner and member of the executive committee of two NYSE firms and the President of a commodities clearing firm as well as Global Arbitrage, a derivative dealer in metals and currencies and he now is featured weekly guest on The Ellis Martin Report .
Tanzanian Royalty is a paid sponsor of The Ellis Martin Report
@kcrone1
The price did go exponential at $1765. Then came the beatdown, remember MF Global, where Goldman Sachs stole customer money and gold. That's what it took to kill the rise. They broke the system. If you find 1.6 Billion, give Jon Corzine a call.
wjestick 2 days ago
@kcrone1 Ignore Sinclair at your peril. He is most certainly not full of BS.
MarcusCMarcellus 1 month ago
Im no financial guru,but I know what I see.I remember when silver was trading at $4 an oz,just a few years ago and now its over 30.
Shivaswarrior7 2 months ago
He also predicted $1650 10-12 years ago
maaderkovich 2 months ago
Didn't Sinclair predict that exponetial move in Gold, once it hit $1765!?? Hey Sinclair just keep guessing, you'll hit some thing some day. This guy shovels out move BS then I can take most of the time!!
kcrone1 2 months ago
There's a weird hwwuummmppppp sound when the host talks. Im listening with akg 240's and they pick up the bass very well.....
thesheeeet 2 months ago
Much to long presentation (1 min. 20 sec.).
Interesting point of view from a well respected man.
clarification007 2 months ago
Interesting... we will see!!!
ComancheChiefSD 2 months ago