Jim Sinclair On Buying Gold Coins
Jim Sinclair is a precious metals and commodities specialist. He has authored numerous magazine articles and three books dealing with a variety of investment subjects. He is a regular speaker at various commodities related events.In January 2003, Mr. Sinclair launched, "Jim Sinclair's MineSet," which now hosts his gold commentary and is intended as a free service to the gold community.
"the dollar is in serious trouble...gold is going to $1650 and there's not a force on earth going to stop it..The truth is: do you really want to trade this thing (gold) or do you just want to understand that you are investing in insurance. And it's the only thing out there that can protect you against powerful people doing wrong things...protect yourself...what's gold? it's insurance...gold you buy in coin form and put it in your mayo jar and that's insurance...
...we are in extreme expansion of debt...a spiral event...towards bankruptcy...that's why I am 100% involved in gold and I intend to stay that way..."
