Gold Analyst Warns: “There Are About 325 Paper Ounces For Every Physical Ounce Backing It”

It may not happen tomorrow, as Hemke notes, but tomorrow will eventually come.

When it does and the music stops we should assume that The Powers That Be have lost control of the system (or let it detonate on purpose).

Some analysts like Marc Faber, Martin Armstrong and Gerald Celente have suggested that in this air of panic gold prices could rocket to new levels as price discovery for real, deliverable metal is finally realized.

This article is brought to you courtesy of Mac Slavo.

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