Nick Barisheff Calls For $10,000 Gold Prices Within 5 Years (GLD, SLV, PHYS, IAU, AGQ)
Greg Hunter: Nick Barisheff is an investment pro with a 30 year track record. He manages more than $500 million in physical gold, silver and platinum. He has a new book coming out titled “$10,000 Gold: Why Gold’s Inevitable Rise is the Investor’s Safe Haven.”
You think that is an overly bullish prediction? Not if there is hyperinflation. Barisheff says, “If we get into hyperinflation, $10,000 will be a conservative estimate.” How likely is hyperinflation? According to Mr. Barisheff, “There’s never been a fiat currency that didn’t end in hyperinflation and then complete collapse, not one in all of history.” He expects gold to hit “$1,900 an ounce by the year end.”
Gold prices will rise with U.S. debt levels, and they are skyrocketing. Barisheff says, “If you plot a chart, the price of gold compared to the U.S. debt is almost a perfect correlation.” Join Greg Hunter as he goes One-on-One with the CEO of Bullion Management Group, Nick Barisheff.
The Euro’s Demise Has Been Set in Motion: Are you protected?
"Nationalism will emerge. Healthier countries will not see fit to spend their hard earned money to bail out their less responsible neighbors."
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