Jim Sinclair -The Emerging Markets Will Implode if Taper is Serious
Gold expert Jim Sinclair emerged from a lengthy hiatus from public commentary Tuesday to warn readers that the major US markets will completely implode should Janet Yellen follow through on the Bernanke Fed’s threats to fully taper QE.
Sinclair states that should Yellen taper seriously now, the emerging markets will implode. Should the emerging markets implode,the US major markets will also implode. The dollar would lead on the downside.