Egon von Greyerz: “The deflationary forces around the world will recede this year and turn into inflation and eventually hyperinflation. Rising commodities, especially food and precious metals are all signs of the coming inflation. And so is the falling US dollar. Will this lead to my long standing target of gold at $10,000+ or will we reach Jim Sinclair’s $50,000. A blow up of the $1.4 quadrillion derivatives bubble would lead to a Weimar price in gold of $100 trillion. See my KWN interview”
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