Future Gold Prices

by Gary Christenson
Deviant Investor

The internet is filled with predictions for the price of gold, from $500 to $50,000 per ounce. It depends on your world view.

If you are a central banker or a powerful financial player which often supplies loyal employees to serve as Secretary of the U.S. Treasury, the low gold numbers look good.

Or, if you understand the incredible $200+ Trillion of debt the world has accumulated and realize it can’t be repaid, then gold at $10,000 probably looks inevitable. Crashes occur and sovereign debt markets look like paper bubbles with disastrous potential to send gold much higher.

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