Nick Barisheff: $10,000 Gold In View – Banking Cabal Facing RICO Charges

It seems the Federal Reserve and ECB are on the brink of massive fiat currency printing, again. the Middle East continues to be a powder keg, trade wars, and a variety of other major issues around the world seemingly continue to keep the headlines filled with gold and silver friendly items. The only news unfriendly towards gold is a slower start to the Indian Festival Season.

I sat down with Nick Barisheff, BMG-Group, to discuss the gold market and implications of the Federal Reserve’s recent announcement of “Not” QE in light of all the gold friendly news laid out above. Nick’s argument for $10,000 gold is solid. He paints a realistic picture using historical and present information to support his claim.

For those that are skeptical of gold and, in particular, gold’s purchasing power here is a little fuel for the fire.

The table compares how many ounces of gold were required to buy a car, a home, or a share of the Dow Jones. Comparing the figures, it is evident that less gold is required now than in 1971 when looking to make each of the purchases. This indicates that gold maintains and even strengthens in purchasing power over time, which cannot be said for simply holding cash or bonds throughout the investment horizon.

We then turned our attention to the market manipulation, the criminal banking cabal and the implications of the federal government using RICO laws against JPMorgan. It seems once this ball gets rolling, in a court of law, a number of the other mafia type banking cabal could find themselves along JPMorgan. Time will tell and we will see how this plays out, but for now, there is a little light at the end of the tunnel regarding market manipulation. I remain skeptical, but we should find out over the course of the next several months.