Just got off the phone with our invaluable STALKER source. His incredible London trader, who has been right as rain for so long, has this skinny for us…
*He has been travelling around Europe – Germany, France and Switzerland.
*The gold market remains very tight and he expects gold to rise to between $1350 and $1450 sometime in March.
*Doesn’t expect any major pullbacks in the near future.
*Says in March, or early spring, the US government will have to make a choice to let the dollar go, or raise interest rates. The raising of US interest rates will throw the US into a depression scenario. So he believes they WILL let the dollar go, in which case it will achieve oblivion status.
*He has another major corporate client. He fully invested the client at $1080 gold.
*He visited with two central banks. Both felt the price of gold would rise 25% next year.
I’ll take that sort of input all day long.