Sinclair: “They are absolute masters, and if you
are in conflict with an army which has excellent generals, you have to
respect your enemy and strategize your success. The machines that
you’ve got to fight are, in a sense, a travesty, unless we are going to
go into some sort of sci-fi world where people and machines merge....
“There are pros out there just like the old days and they are both bull and bear. If you understand that, and if you have quality and value, and you conduct yourself with that respect, I think you have a much better chance of surviving the contest. But how do you fight with a machine?”
Now, at the present people are moaning and groaning about gold, but I think it’s a hair over 10% change. When gold goes into the $4,000 to $5,000 range, which I’m absolutely sure it will, be prepared for something very, very few people will be able to stand.
But this is what you’ve got to remember: When I said, ‘QE to infinity’ a long time before anybody else got that idea into their mind, I did it because there was only one tool in any central banks’ tool box that could create infinite amounts of money in a computer instant. And that would logically indicate that if what I expected to happen happened, then QE would be used, and ‘to infinity’ means until it no longer functions. Full KWN audio interview link
“There are pros out there just like the old days and they are both bull and bear. If you understand that, and if you have quality and value, and you conduct yourself with that respect, I think you have a much better chance of surviving the contest. But how do you fight with a machine?”
Now, at the present people are moaning and groaning about gold, but I think it’s a hair over 10% change. When gold goes into the $4,000 to $5,000 range, which I’m absolutely sure it will, be prepared for something very, very few people will be able to stand.
But this is what you’ve got to remember: When I said, ‘QE to infinity’ a long time before anybody else got that idea into their mind, I did it because there was only one tool in any central banks’ tool box that could create infinite amounts of money in a computer instant. And that would logically indicate that if what I expected to happen happened, then QE would be used, and ‘to infinity’ means until it no longer functions. Full KWN audio interview link
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