Today Jim Sinclair told King World News that Russia and China are looting Western gold while JP Morgan sells silver. He also said that all of this chaos is taking place as central planners conceal serious financial problems from the general public. Below is what Sinclair, who was once called on by former Fed Chairman Paul Volcker to assist during a Wall Street crisis, had to say.
Sinclair: “If you watch the market throughout the night and into the morning, as we have to, there is only one conclusion you can come to, and that conclusion is that this takedown has been totally orchestrated. It has been executed using tremendous strategy, and it was perfectly timed.
This has involved entities acting in unison for the purpose of affecting price and psychology, while at the same not necessarily selling volume. This has been a pure operation….