Seems like Turk is echoing Mike Maloney style predictions.... http://kingworldnews.com/kingworldn...-_Forget_$8,000,_Gold_Headed_Much_Higher.html
Like the sound of that...but not so much whats going to happen to the world and US economy if it does..gunna be a lot of pain for a lot of people
If Inflation adjusted, gold should be priced at USD$7,700 today according to the current inflation rate. It's no brainer that gold in theory should go much higher than $7,700 perhaps even double that or more, before this bullmarket is over. Gold at $7,700 is NOT in a bubble yet, it only achieved it's true value. At the end of bullmarket an asset class would move into bubble territory, which mean it'll be priced at the multiple of it's true value.
