By Jim Sinclair

Thoughts For The Day:

Even our school of economics and investors have become habituated to the social, political and financial calamity at hand. The outlaw financial leadership of the entire Western world has sold out our heritage on both sides of the pond.

Governments, states, municipalities, towns and hamlets are broke. Insurance companies, banks and major investment houses are valuing their assets from worth-less to worth-full.

The stampede to the bonus stock holder’s asset give away is clearly because this is the last dip at the well for a decade.

All paper money in the West is the common shares of the bankrupts.

Asia and Africa are rising and their ascension cannot be stopped. They have long term business plans and are working those plans to protect themselves from the multitudinous sins of the West and control world commerce.

Stand back for a moment, without emotion, and look at where we are.

Protect yourselves because no one else is going to do it.

Cling to money that has no liability attached to it, the only honest money, Gold.