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Jim Sinclair’s $50,000 Gold Call May Be Laughably Low-Bill Holter
By The Phaser |
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from Greg Hunter’s USAWatchdog.com, Silver Doctors.com:
Recent Bloomberg analysis says if China backed its currency with gold, the price would need to be 50 times higher than it is today.
According to Bloomberg, that would be a gold price of around $64,000 per ounce, which is much more than gold expert Jim Sinclair predicted a few years ago. Financial writer Bill Holter weighs in, “That was a few years ago, before some of the QE, and Jim has said that $50,000 gold may turn out to be laughably low. . . .”
https://www.youtube.com/watch?v=A6lQ873v1yk
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