Friday, December 12, 2014

Will This Disaster Be The Catalyst For $10,000 Gold?

"With continued unprecedented trading action across the globe, today King World News spoke with the man who recently had a fireside chat with billionaire Frank Giustra.  On the heels of his recent meeting with Giustra, he discussed a nightmare scenario that he expects will be the catalyst for global panic and $10,000 gold.

Egon on Greyerz:  “Eric, we have a world of record low or even negative interest rates and of record debts.  This combination of high debts and low interest rates breaks every economic law that exists.  We must not believe that this situation will be allowed to last for another 5 years because we will see interest rates at 20 percent in most countries...."

at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/12/12_Will_This_Disaster_Be_The_Catalyst_For_$10,000_Gold.html

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