Hello Trader’s and e-mail receivers;
Jim Sinclair has offered his advice many times. In the past he has given a warning in regards to cash at home for emergencies. One of Italy’s major banks is taking a 30 day holiday by refusing to let cash out, which is a huge snowball about to be rolled over an Aspen Ski slope in the mists of a snow storm. The snowball from hell could be in the making right now, collecting mass as it continues to speeds towards a form of resistance. One bank, indebted to another, not letting cash out, might cause the other bank to follow suit, then another, and another. Now, consider these banks being the largest in all G8 nations not paying or having to re-assess the values of the recent adjustments made by Greece, Ireland, & Spain (and many more in the near future). It is very possible these central banks have no clue to the real asset value of the debt they hold at it’s real market price. Is it possible the US central bank system will go into “holiday” mode in order to re-assess their assets as well? If so, Jim’s warning of having cash at home will be the best advice ever given …. who’ll bitch at him if this happens, or if it doesn’t (still no harm or loss of purchase power) like they do when Gold gets hammered? The writings on the wall, even the most optimistic viewer has to agree ….. please, take his advice in earnest. There’s a lot of repair work to be done after the correction of our lifetime is completed, the cash in hand will get you thru the immediate hunger pains bank holiday’s cause …… Stay Strong!!
Fort Wealth Trading Co LLC.
866-443-0868 Ext 104
Don’t risk what you cannot afford to lose….