Jim Sinclair: Expect Another $17 Trillion of QE & War in Gold !
- In the end, Illuminists banksters will create a massive amount of money out of thin air to bail themselves out!
Jim Sinclair – Expect Another $17 Trillion of QE & War in Gold !
On the heels of the Fed members commenting publicly, legendary trader and investor, Jim Sinclair, told King World News that even though we have already seen $17 trillion of money printing, we should expect another $17 trillion going forward. KWN also asked Sinclair how he knew, from the beginning, that there would be ‘QE to infinity,’ before anyone else. But first, here is what Sinclair had to say about the action in gold: “$1,650 is a comfortable number (for central planners). Haven’t you seen the tremendous jawboning and market intervention to hold gold in that range at $1,650? $1,764 and they lose control. That begins the move which is exponential.”
It doesn’t fund the ability to lend. And truth be known, because of FASB allowing the financial organizations, in the US, to value their over the counter derivatives at any value they choose to use, the balance sheets of the lending institutions are cartoons.
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