Tuesday, June 5, 2012

Jim Sinclair: The End Is Here

Soros’ statement that Euroland has three months breathing time is fodder for MSM – MOPE. Euroland and the US Federal Reserve will be lucky to get three more weeks. That was the message of last Friday’s market. The PPT (Plunge Protection Team) was saved by the day of the occurrence, Friday. If it had happened on a Monday there would not have been two days of time out in between. All PPT had to do was to jiggle the Dow and NASDAQ index futures in Europe to open unchanged to better by taking off the short side of the huge index spreads at a profit. The sign the sage should carry is not "the end is near," the proper sign should say, "the end is here." -- Jim Sinclair


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