16 Mar 2011

It's the End Game Now

With the tragedy in Japan and paper currencies becoming more suspect, today King World News interviewed James Dines who is legendary for his bull market calls in uranium, rare earths, gold, silver and more. When asked about worries over food supplies globally Dines remarked, “Well I think you’ve got plenty of people all over the world worried about food supply. You know you have 20 years of a financial boom from 1980 to 2000 and since then we’ve had a boom in reality, hard assets and food.”


James Dines continues:

“When you’re running the printing presses with this QE2 you have more paper chasing each bushel of wheat, corn and each pound of sugar so prices are going up...So we’re in super major bull market in food and that’s what’s beginning to sink in on the world.

Right now in the aftermath of the printing presses of the 80’s and 90’s, their solution is to run them even faster. They can’t figure out why it’s not working, it’s because they don’t understand what’s happening. Anybody who doesn’t understand currencies will not keep their wealth in what is coming. There is going to be the biggest transfer of wealth in history.

What’s happening is it’s the end game now. They have printed all they can, the debts are completely out of control, there’s a terrible crisis coming and it’s typical that type of situation leads to a war...It happened in the 1930’s and it’s going to happen again. I’m looking for a nuclear war somewhere on the Asian land mass, I’ve been making that prediction for many years, probably between India and Pakistan.”

When asked about silver Dines stated, “I think it’s going way higher, this metal (silver) is the most overlooked, underpriced, undervalued, under-appreciated commodity in the world in my opinion...It’s going to go well over $100.”

James Dines also discusses gold and gold shares as well as the tragedy in Japan.

The complete interview with James Dines has now been released and you can listen to it by CLICKING HERE.

Sourced from: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/3/15_James_Dines_-_Its_the_End_Game_Now.html

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