Massive Commodity Take-down Expected to Continue
Jim Sinclair, President and CEO of Tanzanian Royalty Exploration Company is right and his interview on King World News is worth a serious study: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/14_Jim_Sinclair_-_Why_Gold_Was_Smashed_Today_%26_Whats_Next.html
I never thought I'd agree with Jim Cramer on CNBC this morning but this is a combined effort on part with the EU to sink the economy. Cramer almost went ballistic on camera this morning and I chuckled as the market ticked up while he spoke the words but afterward resumed it's decline. In a later interview Cramer said we went to DEFCON2 from DEFCON3:
Paving the Way for a Global Currency Reset
Bob Chapman of the International Forecaster says a new currency is coming also in 12 to 18 months. The News UNIT recently covered this and the full report by Bob Chapman can be found by clicking here:
http://thenewsunit.blogspot.com/2011/12/new-currency-coming.html
Hugo Chavez saw this coming: http://thenewsunit.blogspot.com/2011/12/venezuela-gold-rush.html
...developing...
