Jim Sinclair’s Commentary
Just the wrong thing at the worst time for many who doubt us!
You will recall our long conversations on just this in the weekly conference call.
For Trump’s sake, let’s hope the last fling of the PTT works until after midterm election.
We have been patient for a long time.
A few weeks more is nothing, yet I suspect we might not have that.
The Global Dollar Shortage is Here – And It’s Becoming A Big Problem
October 19, 2018
Another week and another signal flashing red to deal with. . .
The credit market – in my opinion – is indicating an inevitable ‘crunch’ coming up. And even worse – we’re seeing the global dollar shortage deepening.
Many readers know I haven’t exactly been shy about focusing on this dollar shortage problem all year – you can read more here, and here.
Personally – I think this may be the trigger that kicks off a brutal, worldwide, financial crisis. . .
For instance – just look at what’s happened with Emerging Markets because of a tightening Federal Reserve, a stronger dollar, and drying liquidity.
Don’t forget – a dollar shortage is synonymous with disappearing liquidity. Which means we can expect more violent and sudden market crashes to occur – just like we saw over the last two weeks.
Stock markets (and bond markets) around the world took big losses. The only thing that really outperformed was gold.