from silverdocors:
In the wake of this week’s further confirmation from EU Finance Minister DiselBoom that depositor bail-ins are headed to banks across the Eurozone, Jim Sinclair has sent an email alert to subscribers, warning investors to Get out of the system or financially perish.
Sinclair states that the financial flood-gate is straining (hence Bernanke’s unwillingness to even appear at Jackson Hole much less serve a new term), and that the further can-kicking of the mother of all meltdowns is no longer possible. Sinclair’s plea to investors and depositors alike is to: Ethically And Legally Exit The System While You Still Can!
From Jim Sinclair:
It is clear why Chairman Bernanke has not expressed enthusiasm about being reappointed as Chairman. In this meltdown of all meltdowns, he has accomplished keeping depositors free from loss or confiscation and temporarily plugged the hole in the OTC derivative meltdown phenomena. Both of these apparently are no longer possible.
The fever of activity by monetary authorities internationally would indicate that some financial flood gate is straining.
There is one thing you need to know, and one thing only. Get out of the system or financially perish. The worst of your problems is solved by your ethical and legal exit from the system while you still can. This is why I am holding these meeting internationally, not because I like to give up my time or add onto the traveling that is demanded of me.
Respectfully,
Jimthe rest:
http://silverdoctors.com/jim-sinclair-ethically-and-legally-exit-the-system-w...