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Message: J.S.
Jim,
North Korea’s threats seem to be timed perfectly with the arrival of Russian warships in the Persian Gulf. Could this be just mere coincidence, or are we on the verge of World War III?
Best,
CIGA Black Swan
Dear Black Swan,
We have been in World War lll for quite awhile now.
The battlefield is everywhere.
The lines of demarcation are nowhere.
The rules of engagement are non-existent.
The strategy is economic, breeding out as well as military.
North Korea and Russia are not the likely culprits to make it more conventional in a nuclear age.
The following is your answer:
1. Israel makes a major miscalculation.
2. Pakistan goes Taliban
3. Turkey is a victim.
Regards,
Jim
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Posted: May 28 2009 By: Jim Sinclair Post Edited: May 28, 2009 at 5:37 pm
Filed under: In The News
Dear Friends,
The stairs on the Golden Ladder that will be climbed are:
$900
$961
$1024
$1089
$1156
$1224
The steps on the USDX us dollar are:
.8200
.7200
.6200
.5200
The timing was April 19th and middle June to establish the launch period.
Predictions:
1. Gold reacts as currency support for the dollar enters mid June to a slow decline (that is the official definition of a strong dollar policy, really).
2. End of 2nd week going into the beginning of the 3rd week of June Gold launches towards and this time through the neckline of the reverse head and shoulders formation.
3. Gold rises to $1224 where it hesitates.
4. The OTC derivative market takes on the dollar as short sellers into dollar support.
5. This OTC derivative currency short position builds.
6. It is the US dollar where Armstrong will get his WATERFALL.
7. The main selling takes place when Israel makes a major miscalculation.
8. Hyperinflation is always and will continue to be a currency event.
9. Hyperinflation will be a product of the upcoming massive OTC derivative short dollar raid.
Should I be correct in the gold price action going into late June, it will fit Armstrong’s criterion for a move to $5000.
Alf’s work permits an over-run of the gold price to $3500 in the major 3rd phase, indicating overruns into the major 5th.
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