Jim Sinclair, Bill Holter & Bix Weir, Clif High debate cryptocurrencies versus precious metals

JS Mineset, Released on 11/25/17

Cryptocurrencies versus precious metals; Bill, Jim and Dave discuss Bitcoin versus precious metals with Bix Weir and Clif High.

Bill Holter is currently a writer for Miles Franklin and Jim Sinclair’s Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper assets. Bill was a well-known contributor to the Gold Anti-Trust Action Committee (GATA) commentaries from 2007-2012. Bill became a writer for Jim Sinclair’s Mineset in 2015.

Jim Sinclair, aka “Mr. Gold,” is 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 until they were sold in 1983. From 1981 to 1984, Mr. Sinclair served as a Precious Metals Advisor to Hunt Oil and the Hunt family for the liquidation of their silver position. Mr. Sinclair is Chairman of Tanzanian Royalty and now leads its efforts to become a gold producer and royalty company. He has authored numerous magazine articles and three books dealing with a variety of investment subjects. He is a frequent and popular speaker at gold investment conferences and his commentary on gold and other financial issues garners extensive media coverage at home and abroad. 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.

Bix Weir has 30 years’ experience in the financial industry with various fortune 500 companies. He is the creator of the “Road to Roota Theory” and his commentary is published at www.RoadtoRoota.com. Bix has dedicated his efforts over the last 15 years to exposing the long term manipulation of the gold and silver markets. He has worked closely with the Gold Anti-Trust Action Committee helping to pull the curtain away from the Cabal of International Bankers that has taken control of our free market system.

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To me, these cryptocurrency companies are helping the government lead us into negative interest banking accounts. Somewhere I read that when the government sees that 30% of the world population is using these digital currencies, they will begin their own. Bitcoin and the others are doing the legwork for getting rid of cash. To me, they are on the side of the banksters and their war on cash. To me, I want control over my assets and not be subject to negative interest rates by holding my assets outside of the system in cash and/or silver/gold.
During a time when the ex-pres. Obama was always saying that cyber attacks are our biggest threat, it is very odd to me that the government wants to get rid of cash — seems to me that a collapse then would be excused as “Russian hacking” or the like. Unless you have “extra money” to play with, cryptocurrencies make me feel very vulnerable.
Hopefully this is clear, I’m not going back to edit it.