On Gold: “This will be a rally you won’t want to sell… We’re not making into the winter before it’s known globally, that something has taken place that is irreversible. .” – Jim Sinclair
Renowned gold expert Jim Sinclair stands by his prediction last year of an eventual gold price of $50,000 per ounce.
Sinclair explains, “You have to understand we are going into unprecedented deflation, and it’s the reaction of central banks around the world to the concept of deflation that brings about hyperinflation.
There will be debt monetization of all kinds of debt to maintain some sort of equilibrium.
The price of gold is going to go to a level that is going to surprise everybody.”
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