Posts Categorized: Ellis Martin Report

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Dear CIGAs,

In this week’s interview with Ellis Martin, noted analyst and gold guru James Sinclair outlines not a scenario but a reality that is here now. The US has pulled the nuclear economic trigger on India and Japan in the interest of coercing them to cease trading for oil with Iran. The gun is actually pointed at ourselves. Listen and hear why the dollar is ultimately doomed as these countries now look to the Yuan and Euro as a trading tool instead of the dollar. That’s India and Japan…Russia….China…..Europe….etc.

Posted by & filed under Ellis Martin Report.

Dear CIGAs,

The following is the written version of an interview I did with Ellis Martin of today. Click the link at the bottom of the article to read the full transcript.

TEMR:  Join me know for a candid interview with America’s preeminent expert on precious metals, commodities and foreign currencies, Jim Sinclair.  Mr. Sinclair is the President of sponsor, Tanzanian Royalty Exploration Corporation, trading on the Amex division of the New York Stock Exchange under the symbol TRX. 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. Previously to helming Tanzanian Royalty, Mr. Sinclair was the founder of the Sinclair Group of Companies which offered brokerage services in stocks, bonds, et cetera, operating in New York, Chicago, Kansas City, Toronto, London and Geneva.   He was an advisor to Hunt Oil and the Hunt family from 1981 through 1984 for the liquidation of their silver position as a prerequisite for the $1 billion loan arranged by former Fed Chairman, Paul Volker. Mr. Sinclair was a general partner and member of the executive committee of two New York Stock Exchange firms and the President of a commodity clearing firm as well as Global Arbitrage, a derivative dealer in metals and currencies. And, we’re pleased to have him as a weekly guest on The Ellis Martin Report.  What do you want to talk about today Jim?

Jim Sinclair:    We have had key developments in terms of form of settlement nearing in terms of your Greece situation. That has impact on to what is its mechanism and what will that mechanism mean to the general markets as well as equities and the gold market. The announcement of the Chinese of their interest in being part of a euro plan and that demonstrating the IMFs both desire and intention to bring in outside funds in an ongoing supply of liquidity. We also have a great deal of opinions being given on the dollar versus the euro and the implications of some form of resolution even if that resolution eventually includes Greece leaving the European Union. So, there are many subjects that we could approach. I’ll leave it to yourself Ellis.

TEMR: If Greece does leave the European Union it’s something that perhaps the euro can withstand?

Jim Sinclair: You know, let’s look at it and let’s just think about it. What would the euro be without Greece? Would it be weaker or stronger? And, there really is an argument that all other things being even, and that’s a big mouthful, but all other things being even that the euro would in fact be stronger without Greece because of the nature of the Greek population. I mean, when the Department of Finance goes on strike that’s got to tell you something. It’s not an easy problem to fix. So, there’s a strong possibility that general opinion once again has it backwards Because general opinion would say, oh my goodness, if they’re cut down to a 70% maybe no default and Greece voluntarily and in an orderly way exits the euro that’s not so good because look it’s taking away from what the currency unit is and it might start others thinking the same way. I think the real answer to that is that if today Greece was not part of the euro and liquidity had been injected into the system to overcome the impact of the final resolve of what Greek debt is worth be that 30% or zero the euro would be stronger not weaker. And, again that’s something that should be given good consideration. But, the problem goes beyond Greece, I mean, if everything remained equal. It’s very hard for us to accept that one nation in a union would get treatment as Greece has and that more strict requirements would be executed in let’s say Spain, Portugal, Italy, et cetera. So, we’re going to have a continuing drama. But, I think that the near-term resolve of that drama is a combination of liquidity, which is good for the general equities market and also good for gold. We’ve been on that subject over the last couple of weeks and it seems to be holding up to a degree. I mean, right now you have the dollar, as we said, is in an oversold condition but that there was significant supply between 80 and 82 on the USDX. And, the relationship generally would be, well, if the dollars’ going to firm then gold should weaken. I think we’re going to look at that in degrees. I think there might be less of a degree of that relationship rather than more. I think that’s really being demonstrated now even though gold is technically negative on the short-term and the dollar has not yet really established a confirmed positive breakout from the recent decline. I think that the relationship is going to be a little less super glued than it was before. So, generally, I don’t join in those that are very concerned about the equities market except for short reaction, general equities. And, as far as gold is concerned I think the real range will be $1,700.00 to $2,110.00. But, right now it’s $1,650.00 to $1,764.00 where bull camp and the bear camp stand.

Click here to read the full interview…

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Dear CIGAs,

In the following weekly interview with Ellis Martin of I discuss the possibility of Greece leaving the euro dollar community as well as how the strength of the Euro really effects the US dollar and Gold.

Also discussed this week is how gold fits into this picture and the value of buying stocks versus value shopping for real estate.

We continue on with the ongoing ISDA issue of non-declared defaults discussed in earlier interviews.

The interview is wrapped up by discussing China’s contribution and welcoming to the IMF and how they are helping ease the debt crisis in Europe and how this leads to stimulus money landing in the hands of the banks, not on Mainstreet.

Please listen!

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Dear CIGAs,

Ellis Martin of has been kind enough to interview me once again on today employment numbers reported by the government. Check out the interview below.

In this interview, Ellis Martin speaks with Jim Sinclair about the "positive employment outlook" reported by the government and the media and the exuberance associated with it. Where do these numbers come from? Mr. Sinclair also has compelling advice for the listener regarding how to protect oneself from the ultimate endgame related to Quantitative Easing and the decline of the dollar. What is China’s direct influence or input in QE 3? Is it in their best interests to prop up the dollar and the US economy? How relevant is the Yuan? Listen to another unedited interview.

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Dear CIGAs,

The following interview with Ellis Martin of covers in detail the impending undeclared default of 5 major US banks this week by the International Swaps and Derivatives Association.

This even has the potential to cause a second financial crisis that would require significant financial intervention. If you have time to spare, listen to this interview. If you don’t have time to spare, listen to it anyway.

Posted by & filed under Ellis Martin Report.

My Dear Friends,

I was interviewed today concerning the most powerful body in the financial world that now holds in its hands the near future of all markets, from currencies to commodities, based on a single edict to be given.

The interview is being processed and should be posted here later this evening.

This organization supersedes all governments and central banks today in terms of the financial power they edict. This organization can have a greater impact on your pocketbook than the FASB did when they killed "true value" accounting.

This body is made up of the key players of the five largest banks in the USA and other countries. This body by their actions this week will guarantee QE to infinity.

This is relevant to all your assets, yes all. If you have the time listen to it please. If you don’t have the time listen to it please. If you don’t listen to it do not blame me when all hell breaks loose six months from now.

Not one word about this body was on the airwaves today, yet this group by a simple decision rules the financial plant. They will be making this edict in just a few days. They have to do it again this year. It is then that you know what will hit the fan.

I feel this is it for tonight. I do not want to write another word and detract from the revelations you will hear.

Your financial future, even if you have never heard of them, is in this organization’s hands. Check in later for the interview. If you don’t check in your finances might just check out.

Please remember you have been informed of this impending edict as a service to the community.