Jim Sinclair – Mainstream Entities Will Now Enter Gold Market

“What the Fed did today is they turned on the light of what will be QE to infinity.”

The announcement itself is a game-changer because of the way this game is going to change, Eric. I think you are going to see a very significant change amongst investors, corporations and companies with extra capital and people of the mainstream. You’re going to find gold being accepted as a hedge against what’s going on by entities, that up to now, you would think would be the last one’s to be buying gold. How about someone like General Electric? 

SOURCE KING WORLD NEWS

I took GE because the principal of GE is a major advisor to the government. That would be the most unlikely thing (for GE to buy gold). But don’t count it out. You are going to see a lot of things this year you thought at one time impossible, becoming reality.

I’m going to predict you are going to see a new definition of investors in gold that, up to now, haven’t even been considered. Up to now there’s been the retail crowd and there’s been the international central bank crowd which have been the primary entities in gold….

And it is the dollar, not the euro, that is the specie in danger as we are having this conversation.