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MOVES IN GOLD & SILVER WILL BE 1970s

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NYBob Member Level  Saturday, 05/11/19 05:24:31 PM
Re: smitter post# 659
Post # of 700 
MOVES IN GOLD & SILVER WILL BE 1970s ON STILTS
May 9, 2019
by Egon von Greyerz

My long standing target for gold of $10,000 in today’s money and much,
much higher in inflationary terms, is now more probable than ever.
But I hope it will never be achieved. When gold goes to $10,000,
it won’t be under the same circumstances that we saw in the 1970s.
Gold then went from $35 in 1971 to $850 in January 1980 –
a 24x explosion in very different conditions.

https://goldswitzerland.com/moves-in-gold-silver-will-be-1970s-on-stilts/

God Bless


My opinions are my own and and DD I post should be confirmed as unbiased
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