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Gold at $10,000, $50,000 or $100 trillion?

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Published : February 17th, 2014
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( 5 votes, 4.6/5 ) , 2 commentaries
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Category : GoldWire

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”

Click here to read full article on KWN

24hGold - Gold at $10,000, $50...
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Egon von Greyerz is the managing director of Matterhorn Asset Management AG based in Zurich Switzerland. He specialises in wealth preservation with the special emphasis on physical gold stored in Zurich outside the banking system.
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But you will have to face your neighbor in the face.
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Now I have enough.
10000$ for an Oz of gold , 10000$ $ for a Big Mac
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