Jim Sinclair – There Will Be a Run on Gold Stored in the US

Posted: January 20, 2012 in Gold, Precious Metals

This event could be a game changer.  Much of the world’s gold is stored primarily at the New York Fed and Fort Knox.  As the depression and global currency wars continue to accelerate you will see countries with more desire to have their gold in their own countries. 

If countries demand delivery they likely won’t get their gold..  Who knows if it even exists.  Who knows how many times the gold there is leveraged.  You can see how this could turn an already dicey situation into chaos. 

In this article the legendary Jim Sinclair discusses how you are starting to hear discussions on this topic.  Jim also believes when QE 3 is announced this process will accelerate.

Article Here

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Comments
  1. Enid Gilles says:

    This will be a great website, would you be interested in doing an interview regarding just how you created it? If so e-mail me!

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