Sinclair: “How Do We Know That Tomorrow Isn’t The Day?”

dollar-annihilation-inevitableWhile most economists and market analysts jump on the mainstream bandwagon by supporting the deception, one contrarian who has never touted the party line is Jim Sinclair of JS mineset.

He’s been accurately forecasting trends and market movements, especially precious metals, for nearly four decades, so he knows a thing or two about public perception, market confidence, and the reality of economic fundamentals.

In his latest interview with USA Watchdog, Sinclair warns that the bottom could fall out at anytime, and the effects will be nothing short of devastating.

Whether you’re goal is to protect your wealth from the continued destruction of our currency, or if it’s to insulate your family from an event that could threaten our food supplies or the normal flow of commerce, now is the time to prepare for the real possibility of an ‘event’ so serious that it will leave the majority of our populace scrambling once it happens.

And as Jim Sinclair notes, it will happen… maybe even tomorrow.

How do we know that tomorrow isn’t the day? Or the day after?

We have so many things wrong in the economy… so many holes in the dike… so many fingers stuck in the dike to try and keep it functioning… that any one of those could create what, ten, twenty, thirty events that could create significant loss of confidence.

Nothing has changed. It has gotten worse. Derivatives haven’t gone away, they’ve grown. Debt hasn’t gone away, it has gone up exponentially. there is no argument that says the dollar is entering into a period of strength. The U.S. economy, at best, is a straight line with a slight uptrend… but very slight… very fragile… very easily derailed… All of which affects confidence.

We’re facing the annihilation of currency.

We’re facing the shift of America as the leading and most influential nation in the world to some form of Banana Republic.

We’re facing… being a second rate country.

In the banking industry we’re facing the possibility of a bail-in rather than a bail-out.

On the individual level, if it wasn’t for food stamps, we’d have long lines waiting for free food.

… We are in a decelerating recovery, which by definition, economically, is an accelerating recession.

Watch, as Jim Sinclair and Greg Hunter discuss everything from how to protect yourself once confidence is lost, to how to GOTS, or Get Out of the System, before the-powers-that-be leave you broke and hungry.

Jim Sinclair is well known for investment recommendations designed to protect you from a widespread loss of confidence in the system’s ability to mitigate crisis and maintain stability.

Gold is insurance. What it insures you against is everything that has to do with the confidence in which gold, the currency is trading, the dollar.

So all of these debt situations, even massive spying on our allies… anything that can affect confidence in the U.S. dollar… is hedged by, it’s insured by gold. The combination is debt, dollar, gold. That’s the influencing items that all come down to confidence.

And confidence lost is a currency event.

And hyperinflation, that which I expect, is not an event economic. It’s an event of a currency… losing confidence in a very short period of time.

I think the dollar gets hammered. I believe we are headed for hyperinflation.

While gold and silver will certainly protect you in the event of an annihilation of our currency, consider that your “portfolio” should include other hard assets that may be just as valuable, if not more valuable depending on the circumstances.

If we’re to expect a hyperinflationary event, then we must assume that the dollar has crashed, rendering it valueless in the eyes of your local merchant and even foreign suppliers of things like food, oil, and technology.

This means that without the dollar there will exist no means of exchange, essentially causing a disruption to the normal flow of commerce.

Subsequently we’d lose our ability to “purchase” food, gas, and anything else you acquire by means of dollar denominated payments.

In such a scenario, only hard assets will be of value. This means that if you haven’t put aside long-term food stores and other barterable supplies, you’ll be left to face the horrific consequences.

The trend is clear. Trillions are being printed on a yearly basis in an effort to keep up a perception of confidence and stability.

The resulting annihilation of our currency and very way of life is inevitable.


SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You

Larwyn’s Linx: Obama’s Boston Speech of Health Care, Deconstructed

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Nation

Obama’s Boston Speech of Health Care, Deconstructed: HayRide
7 Most Ridiculous Things Kathleen Sebelius Said At Today’s Hearing: NRCC
The Wages of Presidential Deception: Victor Davis Hanson

McCain: We’ll Slam in Amnesty Once GOP Gets Past Primaries: MB
13 Democrats Who Destroyed Healthcare Up for Reelection in ’14: Hideout
Awesome: Rep. Renee Ellmers SCHOOLS Sebelius on maternity care for men: Scoop

Terry McAuliffe – Do You Believe How Bad This Guy Is?: Sentinel
Cuccinelli Closing In on McAuliffe : RS
Ted Cruz uses Obama to explain ‘stand your ground’ to Trayvon’s mother: Sara Noble

Economy

All union health insurance plans grandfathered in: S&L
Obama re-demonizes insurance industry: LI
Bumbling Mary Landrieu wants to bring back your old health care plan: HayRide

Obama Lied, Healthcare Coverage Died: Matthew Vadum
…And People Still Believe This Guy!: Liberal Logic 101
Obamacare’s Brownshirts Starting To Get Burned Out: BuzzFeed

Scandal Central

Obama tells insurers to shut up if they know what’s good for ‘em: John Hayward
Election Integrity Activists: Obamacare ‘Biggest Voter Registration Fraud Scheme in History’: Breitbart
Obamacare website design FOIA: JW

Pelosi on Healthcare.gov Failure: “This Is What Happens When You Do Something Big”: IsThatBaloney
New FBI Agents Ordered to Pay Homage at MLK Memorial: MB
The Thuggery of Obamacare Czarina Kathleen Sebelius: Michell Malkin

Climate & Energy

‘We can’t just drill our way to lower gas prices.’ Says who?!: Steve Maley

Media

Another Democrat, Another Race Card: VodkaPundit
It’s All In the Face: iOTW
Jon Stewart grills Wasserman Schultz about “troubling” effects of Obamacare: RedAlert

The New Yorker Publishes Racist Character Assassination of Cruz: Jeremy Boreing, TruthRevolt
7 Awesome Things That Took Less Time Than HealthCare.gov: Jon Gabriel
Obama Heckled During Health-Care Speech in Boston: Breitbart

Sebelius does impression of people getting Obamacare-induced insurance cancellations: Michelle Malkin
Western Rifles: Yup
Obama’s Biggest Lie: iOTW

World

Ted Cruz criticizes DOJ for arguing international treaty can trump the Constitution: Joel Gehrke
Soros and Hillary Take on America: Matthew Vadum
The Amnesty Trigger: AWD

Sci-Tech

NSA secretly tapping Google’s, Yahoo’s data pipelines to harvest metadata — and content: Hot Air
Google Glass accessory store quietly comes online: NextWeb
Huge magma reservoir beneath Yellowstone 2.5 times larger than expected: Rich McCormick, The Verge

Cornucopia

Obamaboat: Denny
SPEECHLESS -A GODESS SINGS: IsraPundit
Incoming!! All Available Boots on the Ground!: MOTUS

Image: Humanity’s 50 best breakthroughs since the wheel
Sponsor: VIRGINIANS: McAuliffe and Bloomberg Are Coming For Your Guns! SUPPORT KEN CUCCINELLI.

QOTD: “What does it take to warn Americans about unchecked pension growth, socialized medicine, vast increases in entitlements, higher taxes, and steady expansion of government? In other words, what is it about Detroit, Italy, or Greece that we do not understand?

In the last five years, the Obama administration has raised taxes on the top income rates, implemented Obamacare, added millions to the disability and food stamp roles, grown the size of the federal work force, run up the national debt, and vastly expanded the money supply, along with insuring near zero interest rates. Are there any historical examples where these redistributive efforts have brought long-term tranquility and prosperity?” –Victor Davis Hanson

Doug Ross @ Journal