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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Saturday, 23 November 2013

Jim Sinclair

http://www.sprottmoney.com/news/ask-the-expert-jim-sinclair-november-2013

"Jim: I think the West has a plan in action and that plan in action is to pull the trigger before the panic and start doing bail-ins as a product of those banks that fail the solvency tests under pressure. Those tests have gone from being foolish little exercises in nothing to being very serious, very difficult tests to pass. Making those so difficult to pass, both in Europe and in the United States and in Canada, has to have a meaning. I think it’s those banks that fail that are going to be bailed-in "

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