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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
from King World News
Today legendary trader Jim Sinclair stunned King World News when he revealed that a dear friend of his who is very affluent just had a Swiss bank refuse to return his large hoard of gold when he asked for it out of an allocated account. Below is what Sinclair, who was once called on by former Fed Chairman Paul Volcker to assist during a Wall Street crisis, had to say in this remarkable and candid interview.
Eric King: “Maguire spoke on KWN yesterday about the fact that one of his clients went to the LBMA to get the metal from them and could not get it. They told him he would be cash settled. This is what you have been talking about is the failure of the physical markets.”
Continue Reading at KingWorldNews.com…
2013-04-23 06:45:07
Source: http://silveristhenew.com/2013/04/23/sinclair-swiss-bank-just-refused-to-give-my-friend-his-gold/