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S W
Member since May 2012
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Why Rising Debt Will Lead to $10,000 Gold

- Nick Barisheff - Bullion Management Services

So the debt level becomes unsustainable.
Fiat becomes irrelevant.

Nobody will be selling their gold for $10,000 per oz

But people might be selling a waterfront house with 4 bedrooms for an ounce of gold!

Commented 4487 days ago

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Beginning of the headline :Today, I’d like to focus on one important idea: the direct relationship between the rising price of gold and the rising levels of government debt that result in currency debasement.Since we measure investment performance in currencies a clear understanding of the outlook for currencies is critical... Read More

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