Turk:
“Yes, but it could happen (even) sooner. My long-term view, Eric, has
been that sometime between 2013 and 2015 we are going to see $8,000 on
gold. This goes back to an interview I did in Barrons back in 2003....
They (central planners) are running out of ammunition and they are running out of excuses for this system they are keeping together. Ultimately that is going to be reflected in a higher gold price. It (gold) is going to go up in the same way it went up in the 1970s when the US threw in the towel (on gold suppression) back then. Gold is going to go up by a much higher and rapid rate than any of us can envision. Source audio interview KWN
They (central planners) are running out of ammunition and they are running out of excuses for this system they are keeping together. Ultimately that is going to be reflected in a higher gold price. It (gold) is going to go up in the same way it went up in the 1970s when the US threw in the towel (on gold suppression) back then. Gold is going to go up by a much higher and rapid rate than any of us can envision. Source audio interview KWN
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