Pimco’s El-Erian Sees Synchronized Global Slowdown

Posted at 10:59 AM (CST) by & filed under General Editorial.

Dear CIGAs,

QE to infinity is more certain than death and taxes. See the video we posted here on jsmineset.com today that gives you the worst case economic and social scenario for 2012, unless we go to full QE before the end of June 2012.

Problems are reaching terminal velocity right now, here, today.

QE to infinity might hold things together, in a sense, for 24 more months with gold above $3000. Those popular gold writers calling for much lower gold prices are simply out of their mind sand disconnected from reality.

Regards,
Jim

Pimco’s El-Erian Sees Synchronized Global Slowdown