Re: "Expert" opinion - DYODD
in response to
by
posted on
Jul 17, 2011 02:46PM
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
Undaunted, as $2,000 Gold was predicted by Rob McEwen to occur LAST year (2010), he now sees it for this year.
But, never mind $2,000 Gold. McEwen's price target is $5,000 in 3-4 years. I think James Turk is also on board with this prediction.
If correct, the $2,000 price target is just low level noise compared to the much larger, deafening explosion in the POG when the fiat currency market more rapidly collapses. And when will that be? In 3-4 years?
There's always a black swan appearance to make the impending day of reckoning even more interesting, and sooner. Some see WWlll as inevitable when the Fed's policies continue to fail. Afterall, U.S. and China need more oil, so send in the Marines!
(Or, raise interest rates to 25%...and, send in the Marines)