In tonight's comments, Jim Sinclair Makes the following statements:
Derivative Trades Soar To Record $681 Trillion In Third Quarter.
This is it! If you have not already made preparations, then now prepare to defend yourselves.
The 3rd quarter BIS report on global derivatives was just released and the results are shocking, to say the least.
The report shows derivatives were up $145 trillion (27.1%) in THREE months to $681 trillion. Since September 30, 2006 derivatives are up $216 trillion + 46.5 %.
Quadrillions anyone?
YOUR INSURANCE POLICY IS GOLD OR GOLD RELATED COMPANIES.