Jim Sinclair - On Gold & QE

Jim Sinclair discusses the end of QE2, the Gold market and how the markets are on the edge of a cliff with Eric King.....listen here

Take away quote:

"The problem is so serious, the problem is so present time, the problem is so real that, it has inherent in it, the probability that the economy is not going to have a significant recovery for more than a decade. And the standard of living in the United States, the standard of many who are reading this now, especially those who have taken no measures whatsoever to protect themselves, who simply look at it as reading something of interest but not really acting on it, is going to be so significantly impacted as to make the middle-class or higher middle-class join the serf class. This is as serious as it gets." - Jim Sinclair