Power Trip
Jim Sinclair

We are at the beginning of the end game in the dollar, and perhaps the fiat regime. 

 If Japan really has 7 percent GDP growth, and they must go to these extreme lengths and expenses to weaken the yen and support the dollar through even more aggressive mercantilism, something is very, very broken.

I suspect someone may have had another peek into the abyss, and didn't like what they had seen.  Some big domino is teetering, and in serious trouble IMO.  A Japanese bank?  A major US financial institution?  Root cause is derivatives, oil? 

So many unintended consequences, so much mal-investment, so many markets to handle, so much spin, so little time.This is the final battle in which the spoils are not currency, markets, economics but rather POWER. The idea that the end game here is money is a critical error. Do not assume what you see being done is stupid, because that is simply not the case. The end game here is not currency because wealth today is POWER and power is the control of information and technology. 

Currency is not wealth. Lots of currency is a large pile of ever-depreciating paper enclosed within electronic chips called the bankwire transfer system. 

The SG-7 WASPs running the show already have what they want in terms of paper wealth. Now,  it is control of information, technology, oil, minerals,  strategic military assets and locations.

The US dollar will only survive this experience as a second grade medium of exchange. It will never again - even among the ever believing equity flag waving, obedient sheep - be considered a storehouse of wealth.

It is this self-evident development that has to indicate that the “end game” here is not the assumed greed for more paper wealth by the Muktar/Chiefs of this society. It is control of the planet via control of information and technology, which today is currency that is clearly a storehouse of value, a medium of exchange and a measure of value.

Can’t you see that the Muktar/Chiefs of the US, Japan, Euroland, Central Europe and the ex-Soviet Union are walking hand-in-hand to maintain each other’s position of power at any cost, while spinning cover story differences to keep the sheep in line and asleep.

Those who are not team players such as Middle East dictators are being removed and neutralized. Quack-Daffy, among Middle Eastern leaders for life, woke up to the realization and sued for membership.

Yet, there is a cost to maintaining power by manipulation of those elements required to placate the believers because elections are still the means required to maintain the power base. The pretence of wishing stability is a great part of the unfolding drama. That type of initiative is demonstrated below but mark my words, the yen will trade below 100 in 2004.

Gold is headed back into the US dollar but only after the dollar is reduced to fish food.

The new wealth of information and technology will not in anyway belong to the public but only to the partners of SG-7. The public will and is presently adopting gold as the currency of choice. Outside of the control of technology and information comes minerals and energy.

For those of us who still paddle their canoe in the river of normality, true wealth is in mineral commodities. This is wealth creation at its finest because you are discovering and developing something that has a tangible value and is genuinely needed by socieity.

This is why I have and will continue to invest in gold and minerals while as a professional trader speculating in their paper equivalents thereby  placing my hard won market winnings into a mineral company I manage free of Anne Bonnys, Baron Maurice de Benyowskis & Black Bellamys by my design.

While on the subject of companies, my family was the largest shareholder of Sutton Resources which had the Bulyanhulu Gold Mine (now one of the largest gold mines in the world) and the Kabanga Nickel Project in Tanzania.  With the $45,000,000 work commitment now from Falconbridge Nickel and a multi-million dollar payment to Barrick for the privilege, this great nickel project, which had laid dormant for so long,  is going forward.

So to the old Sutton Resources shareholders, it has been undeniably revealed - as I told you then - that the two Sutton Resources projects, Bulyanhulu and  Kabanga, were and remain two of the greatest mineral properties ever found by one company. One of these is  proven and producing while the other project is now coming on. All this happened on my watch with 18,500,000 shares outstanding..

I would speculate that if Sutton Resources still existed as an independent public company and had joint ventured the property as I advised with those shares outstanding, it would certainly be trading above $200 a share and heading higher.

But, hey, that’s certainly not the only fish in the ocean, it’s great fun fishing, and I've cast my net where the fish our big and plentiful.