Simple Math Says $50,000 to $87,500 Gold Price – Jim Sinclair with Greg Hunter

Jim Sinclair – Debt Jubilees Everywhere

by Greg Hunter
USA Watchdog

Legendary gold and market expert Jim Sinclair says the virus that originated in China may have, oddly enough, done some good. Sinclair explains, “The effect of the coronavirus was literally to shut down business globally, therefore, shut off the demand for loans, which also shut off demand for short term money. So, what the public has not seen, is not considering and does not understand is we were stepping into the door of a major financial crisis magnitudes larger than what happened in 2008 and 2009. It’s a horrible thing that this virus occurred, but if it had not occurred, we would have been in a crisis much more serious than 2008 and 2009. . . . It was blowing sky high . . . . Shutting down demand is all we could do. It stopped the explosion of interest rates.”

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