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Gold Will Be $50,000

Discuss issues related to business, finance, taxes, investments, cost of living in different countries, etc.

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Taco
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Gold Will Be $50,000

Post by Taco » October 30th, 2013, 2:06 pm

Interview with Jim Sinclair on USA watchdog.

Gold Will Be $50,000
http://www.youtube.com/watch?v=8IQ_TBJH ... NZU8K0t-EA

SilverEnergy
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Post by SilverEnergy » October 30th, 2013, 4:15 pm

During a hyperinflation, gold will definitely go up near $50,000 per ounce.
"Allow me to show you the Power Cosmic!" - Silver Surfer

thatkid1
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Post by thatkid1 » October 30th, 2013, 4:40 pm

agreed with the shitstorm thats coming EASILY u will see that

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Teal Lantern
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Re: Gold Will Be $50,000

Post by Teal Lantern » October 31st, 2013, 12:01 am

Taco wrote:Interview with Jim Sinclair on USA watchdog.

Gold Will Be $50,000
http://www.youtube.com/watch?v=8IQ_TBJH ... NZU8K0t-EA
Glad that he mentioned consumer debt would not be devalued with any new currency.
Everyone else I've read seems to think if they knock a couple zeros off the currency, they knock a couple zeros off the personal debts, too.
не поглеждай назад. 8)

"Even an American judge is unlikely to award child support for imputed children." - FredOnEverything

Devil Dog
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Re: Gold Will Be $50,000

Post by Devil Dog » October 31st, 2013, 3:22 am

Teal Lantern wrote:
Taco wrote:Interview with Jim Sinclair on USA watchdog.

Gold Will Be $50,000
http://www.youtube.com/watch?v=8IQ_TBJH ... NZU8K0t-EA
Glad that he mentioned consumer debt would not be devalued with any new currency.
Everyone else I've read seems to think if they knock a couple zeros off the currency, they knock a couple zeros off the personal debts, too.
Yep, the note holders will be protected in the case of hyperinflation. OTOH, starting in 2007 the property owners were shit out of luck when property values went down 40%.

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Adama
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Re: Gold Will Be $50,000

Post by Adama » January 22nd, 2018, 3:23 am

Taco wrote:
October 30th, 2013, 2:06 pm
Interview with Jim Sinclair on USA watchdog.

Gold Will Be $50,000
http://www.youtube.com/watch?v=8IQ_TBJH ... NZU8K0t-EA
According to Jim Sinclair of JSMineset.com, by 2016, "Gold will be $3,200 to $3,500 an ounce." By 2020, Sinclair predicts, "Emancipated gold will be $50,000 per ounce." As far as gold confiscation goes, Sinclair says that Its not going to happen, but a windfall tax could definitely be in the cards. Join Greg Hunter as he goes One-on-One with renowned gold expert Jim Sinclair.
I wonder what happened with this prediction.
A good man is above pettiness. He is better than that.

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