woensdag 23 januari 2008

Jim Sinclair 2

Altijd goed om te weten wat de tegenpartij erover denkt. Mijn grote vriend en multimiljonair Jim Sinclair mailde me dit:

'Dear Friends,

First the Fed makes a big slash then the President's Working Committee on Markets - otherwise known as the Price Protection Team or PPT - sits back to see how the market takes it. The Fed and the PPT are totally focused on the equity markets and this morning's activity must be terribly disappointing to both. Anticipate more significant rate reductions with the Bush New Deal on the scheduled meeting day. The Fed will increase liquidity exponentially, taxes will be slashed, and wars will stimulate fiscal spending. The US legislature will create spending on a bi-partisan basis and the President will not veto it. This is all very bullish for gold.I believe all of the above will occur. Such actions simply strengthen the foundations of this generational bull market in gold heading into 2011.Maybe you should breathe deeply, drink some cold water and take a walk next time you want to panic. If you insist on being a client of a major internet broker it will be good as you will not be able to panic and throw away your shares because orders will not be executed. That is good news for gold and gold shares, a sector that has the highest number of weenies professing to be members.Everything discussed amongst us has happened. Now the consortium of US and European central banks will have to blast untold amounts of liquidity into the world market or witness a financial meltdown of hundreds of trillions of dollars worth of derelict OTC derivatives. I do not believe that this is the proper action but it is the only action that politicians and their Central Bank political flunkies can do. Expect a new deal "a la Roosevelt" to go along with it. It worked for the present Administration in 2002 so to expect the same thing along with other dramatic action is reasonable. This is what I anticipate.
Sincerely,
Jim Sinclair'

Blijven doorademen! En ook al verliest u alles, zolang u gezond bent is er niets aan de hand. Al dat geld kunt u straks toch niet meenemen.

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