Metals

Jim Sinclair’s $50,000 Gold Call May Be Laughably Low-Bill Holter

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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. . . .”

Read More @ Silver Doctors.com 

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