Monday, September 23, 2013

$2,000 or $5,000 Gold is Absurdly Low


Mike Maloney of GoldSilver.com says our monetary system is doomed. Maloney contends, "It's a 100% failure rate. No fiat currency has ever survived, now all of them are fiat. So, this shift will be the most dramatic in world monetary history. It's going to be the world's greatest wealth transfer in history. Therefore, it's the greatest opportunity in history." So, how high will gold go? Maloney says, "The more you study it, predictions of $2,000 or $5,000 gold becomes absurd. It's absurdly low."

- Source, USA Watchdog: