Saturday, May 3, 2014

Jim E. Sinclair : Mines and Money



Bail in – A Western world financial concept
- Is your faith required to be a bank depositor misplaced?
- Do you know the moment you make a bank deposit you no longer have an asset but rather are legally an unsecured lender to the bank?
- Bail in can easily be avoided by simply utilising banks outside of the western system
- It is time to bank with the BRICS?
James E. Sinclair, CEO and President, Tanzanian Royalty Exploration Corp. and Executive Chairman, Singapore Precious Metals Exchange

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