Thursday August 6, 2020
Feb-18-2012 15:51TweetFollow @OregonNews
Iran To Be Dropped From Swift System in BelgiumJim Sinclair Special to Salem-News.com
Hold tight to your insurance investment positions...
(WASHINGTON, DC) - Iran is to be dropped out of the Swift system in Belgium. That means Iran could neither send or receive bank money wires.
That would slam Iran’s economy.
This is economic war at the highest level of conflict. This could start a greater move of central banks with fears of the West to increase and retrieve their gold positions. It certainly puts cash reserves held by central banks (which are computer entries anyway) into serious question as to security.
This is as serious as it gets in nuclear and economic terms. The only weapon that can be effective against Iran’s nuclear industry is Western nuclear deep penetration bunker busters.
Hold tight to your insurance investment positions.
Special thanks to Jim Sinclair's Mineset
___________________________________Jim Sinclair is primarily a precious metals specialist and a commodities and foreign currency trader. He founded the Sinclair Group of Companies (1977), which offered full brokerage services in stocks, bonds, and other investment vehicles. In January 2003, Mr. Sinclair launched, “Jim Sinclair’s MineSet,” which now hosts his gold commentary and is intended as a free service to the gold community.
Articles for February 17, 2012 | Articles for February 18, 2012 | Articles for February 19, 2012