Jim Sinclair Interviewed by James Turk

Posted at 3:13 PM (CST) by & filed under GoldMoney.com.

Dear CIGAs,

James Turk of www.GoldMoney.com was kind enough to interview me on recent events in the Gold market. Please check out the interview below as a weekly review.

Jim Sinclair interviewed by James Turk
August 8th, 2011 | Author: Michael Piromgraipakd

In this GoldMoney segment, James Turk, Director of The GoldMoney Foundation, talks to Jim Sinclair, host of JSMineSet.com, about his successful gold price predictions, US debt problems, how to ride the trend and the second phase of the gold bull.

Jim Sinclair talks about a formula/theory that Jesse Lauriston Livermore used called “the square of the numbers.” Jim Sinclair’s father, Bert Seligman was a business partner of the famous Stock Operator Jesse Lauriston Livermore.

Sinclair discusses a barrier, whether psychological or not, of the price in gold at $1764. This key theoretical price is the price that which confidence is lost in the markets and growth in gold price can go exponential. James Turk continues on to discuss the fundamentals of gold, the debt ceiling, the dollar, euro, fiat currency, sound money, the banking system and markets.