Jim Sinclair writes:
Russia takes the lead in anti manipulative gold actions. Russia also marks its gold inventory toy market price. They have to be very unhappy with the gold banks and the US Fed.
War takes many forms and gold is outright war.
China will follow with a physical bullion exchange. This is dynamite for the real discovery of the price of gold and silver free from no-gold, no-silver fraudulent paper exchanges.
The Russians are going to launch a cash bullion market. Maybe they know what the Fed has done to one of their major’s assets and now intend to bust the manipulative paper game.
This mechanism will go a long way towards the emancipation of gold from paper.
Safety is in the Brics or quasi Brics for the next 3 years or more.