Gary Wagner of The Gold Forecast joined us for a technical discussion of the precious metals markets. He’s surprised by the dollar’s resilience in the face of an imploding Euro and economic meltdowns around the world. Short of 25 percent interest rates, inflationary expectations being permanently dashed and discovery of huge gold and silver deposits that greatly expand supply, ultimately the dollar will fall and the metals will rise. As Gary said, “They’ll run out of gold long before they run out of ink and paper.”
Sign up (on the right side) for the instant free Financial Survival Toolkit and free weekly newsletter.