Loading ...I can’t stop smiling here. How can anyone know ahead of time, what the news will be? And or what the supply situation will be? It’s always the news, extreme shortage, or an extreme surplus, or dollar index or emotions that determines values.
Gold is the pituitary gland of the financial system. If Gold goes to $681 in 2018, copper steel, zinc ,aluminum, oil, lumber etc etc will also all be a lot cheaper and dollars in short supply.
The only way he could be right, is a total reversal of the 100 year trend of the Dopey/Dollar losing value, with a reversal for a new 100 year trend of restoring the US Dollar to its 1913 original value.
New Ford $500, new house $2,000, one days pay $2.50 to $5.00, Gold $20/oz, Silver $1 /oz Oil $1/bbl etc etc.