Financial system's mountain of crap hasn't disappeared, Sinclair tells King World News

Submitted by cpowell on Wed, 2010-10-20 03:01. Section: Daily Dispatches

11p ET Tuesday, October 19, 2010

Dear Friend of GATA and Gold:

King World News has posted excerpts of a conversation today between Eric King and gold trader and mining entrepreneur Jim Sinclair, who says today's fall in the precious metals means nothing amid the big picture, which includes "a $2 trillion mountain of crap called securitized debt." The conversation is headlined "Jim Sinclair -- Brief Period of Victory for Bubble Callers" and you can find it at King World News here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/10/19_J...

Or try this abbreviated link:

http://bit.ly/9OyPIA

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.