Loading ...My notes from the interview – just the highlights; he gave lots of explanation and qualifications in the duration.
> gold and silver lower into 2015
> gold is a hedge against gov’t not inflation
> Sept 30, 2015 looking like start of a world wide recession
> gold: (now 1216) targets are 1150; 875-915; 650-675
> silver: (now 17.90) another 30% down = 12.50
> dow: (now 17,280) to mid 20k range then a correction in 2016
> commodities in general weak into early 2016
> usd: (now 84.90) will go higher
> interest rates: as stock market continues higher, US is going to have to raise rates. In Europe after 2016 rates are going to take off to the ceiling.
For the complete interview listen to mp3 titled “SEPT 20TH INTERVIEW OF THE WEEK”.
http://moneytalks.net/article-and-commentary/michael-campbell/mikes-interview-of-the-week.html