KWN - Sinclair - The Next Danger After Putin Crushed IMF In Cyprus

Today legendary trader Jim Sinclair warned King World News that Putin’s decisive victory in Cyprus over the IMF has left the IMF one misstep away from destabilizing and creating massive bank runs throughout the entire Western world.  Sinclair, who was once called on by former Fed Chairman Paul Volcker to assist during a Wall Street crisis, had this to say in this extraordinary and exclusive KWN interview:

Sinclair: “The concept that our financial leaders are in some sense geniuses that foresee the future and calculate every move based on their ability to divine what will be the result of their actions, is absolutely false.  The IMF made a massive mistake here.

The IMF has now put itself into a very difficult position.  The IMF must now support Cyprus, even in the face of the rejection of the attempted confiscation of partial bank deposits, or let the Cyprus banking system seek its own solutions to its banking problems, which would be Russian Corporations, or Russia itself.

If Russia was to save the Cyprus banking institutions, then, basically, a sovereign nation has trumped the IMF....

Continue reading the Jim Sinclair interview here...

Jim Rickards - Currency War Possibilities

Gold Demand Trends Q4 and full year 2012 - World Gold Council

Gold Manipulation - GATA, Ted Truman And Gold … Another Stunning Revelation

Government officials past and present outright admit that gold and silver are being manipulated by the G-10 countries.

See article for more details.

A Night of Reflection, Ranting and Writing - Bye Bye Bond Market

I read an article today that inspired me to write a little opinion piece in regards to the bond markets and how they interact with interest rates. Perhaps this will enlighten some of those who don't fully understand the concept of bond purchases to keep interest rates lower. What of the correlation between bond yields and interest rates? Read on to find out...

DISCLAIMER: These are my opinions and should not be interpreted as investment advice. Do your own research if you're intrigued by what you read, and make your own informed decision.

KWN - Rosen - Expect Stunning $233 For Silver As It Begins To Soar

The peak of $21.44 after the first triangle was 3.93 times the triangle low of $5.455.

The peak of $49.82 after the second triangle was 5.93 times the triangle low of $8.40. 

The third triangle had its breakout to the upside and appears to have completed its testing of that breakout level.  If we use the Fibonacci progression that has followed each triangle, the next peak should be 8.93 times the third triangle low of $26.105.  This would produce the next silver high of roughly $233....