Friday, December 16, 2011

Jim Sinclair on Gold & Silver's Recent Corrections- 'Nothing Has Changed'

Jim Sinclair has provided the Ellis Martin Report with his thoughts on this week's smash in precious metals, which Sinclair believes was triggered by Merkel's statements indicating Germany is more concerned with hyperinflation than with depression.
Sinclair believes time will prove Merkel's remarks to be "absolutely fallacious".  "The end result will not be no QE, it will be QE to infinity.  Nothing has changed between last week and this week except a political statement."