Jim Rickards says, "Here's Where Gold Will Be In 2026"

Discussion in 'Gold' started by GoldenEye, Jan 9, 2020.

  1. GoldenEye

    GoldenEye Well-Known Member Silver Stacker

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    Here's an interesting quote he says about every investment guru he knows:

    "Well, I worked on Wall Street and in the hedge fund industry for decades. I also lived among the players in New York and Greenwich, Connecticut, at the same time. I’ve met the top hedge fund gurus in private settings. And here’s the thing: I’ve never met one of them who does not have a large hoard of physical gold stored safely in a nonbank vault. Not one."

    https://www.zerohedge.com/commodities/rickards-heres-where-gold-will-be-2026
     
  2. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Gold is for saving money stocks are for making money. Every hedge fund manager in the world knows that.
     
  3. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I saw this earlier. His $14k price is quite incredible. I'm looking at only $3k for gold and $50 for silver.
     
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  4. pmbug

    pmbug Active Member

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    If gold rises 10 fold against the US dollar (or the US dollar falls 10 fold against gold), there is going to be a lot of pain in the world.
     
  5. Slimey

    Slimey Well-Known Member

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    Unfortunately he was being literal......He meant actual Twenty (thousand and) Twenty Six....20026, not Two (thousand and) Twenty Six..2026.
     
  6. heartastack

    heartastack Well-Known Member Silver Stacker

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    I still think the doom event being forecast will wipe most stackers out who don’t maintain job security through such a crisis. You either need a years wages worth of off-grid gold & silver or a secure job that can get you by until you get a chance to mop up cheap assets at the bottom of the depression
     
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  7. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Better get a govt job. Trump just added 12 weeks off paid vacations every year so you could spend that time shopping for assets while sucking up a tax payer funded holiday.
    American government first!
     
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  8. heartastack

    heartastack Well-Known Member Silver Stacker

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    Wtf.. the taxpayer won’t exist at that point
     
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