http://news.goldseek.com/PeterCooper/1365429660.php
Kind of pretty obvious if you believe in massive hyper-inflation
Kind of pretty obvious if you believe in massive hyper-inflation
3K Gold by 2014...I Personally think it will be much much higher.
- Thread starter QLDSILVER
- Start date
SilverSanchez
Active Member
I dont really believe in hyper inflation as inevitable - maybe Japan will go through it, but I dont believe western contries will. I think rather prolonged high inflation is more likely due to the level of control.
I dont believe in the collapse of the dollar as if the Dollar is like the Leman Bros., i more believe in the abandonment of the dollar in the same way people abandoned gold and silver over the last two years.
Slow grind down with fast slips and reclawing but trending down, due to highly inflating currency volume.
Im probably wrong though.
I dont believe in the collapse of the dollar as if the Dollar is like the Leman Bros., i more believe in the abandonment of the dollar in the same way people abandoned gold and silver over the last two years.
Slow grind down with fast slips and reclawing but trending down, due to highly inflating currency volume.
Im probably wrong though.
Sanchez, always have liked your calls over the years but seriously bro with all the massssssive monetary printing and variations away from the USD and the banned exports of gold from China (and i was there last year) do you seriously believe they aren't (as well as Russia, Iran, India etc. etc.) aren't looking for a gold back Yuan a.k.a reserve currency? Love to believe otherwise but working in the international banking industry (historically) tells me otherwise, and reflecting upon monetary printing it always leads to hyperinflation and I shant embarrass your intelligence by quoting historical examples.