April 06, 2010

Jim’s Mailbox I was able to go to Toronto this past Thursday to attend a presentation by Mr. Sinclair to address what is currently going on in the world, including finances of course, which is his specialty. I regard him as one of the premier authorities on gold and currencies in the world, and as such value his opinion highly. I took copious amounts of notes, and tried, to the best of my ability to record precisely what he said and what he meant and pass them along to you all to make what you will of them, and to take whatever action you feel appropriate in your personal situation. After hearing him live, there is no question that what you read on the website is exactly what he thinks and sees going on. 50 years of experience in the investment world, at all levels does count for something. You decide what. The notes are in the order things were presented, including an hour and a half question and answer where Jim fielded all questions from the folks that were there. Some themes are repeated for emphasis. I recorded them as they came. 1. Get a copy, if possible, of the BBC movie, “The Last Days of Lehman Brothers” it is exactly what occurred. They were flushed and allowed to go down. Those that did so made billions. 2. The same people that sold Greece the products to hide the true condition of their finances ratted them out and are hugely short of Greek debt at this time. 3. The more these people win at what they do, the more powerful they become. 4. The failure of Lehman set off the bankruptcy(s) that allowed government money (your money) to flow to large institutions, who were the winners on the bet. 5. The next phase of problems will come about because of a loss of confidence in currencies themselves.


I'm a watchman for Christ, looking on the horizon in expectation for the fulfillment of God's Word.

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