Saturday, December 3rd, 2016 MST

Category: The Dollar

$50,000 gold?

Jim Sinclair recently predicted $3,200 – $3,500 gold by 2020 and  “emancipated gold” hitting $50,000.  Because of Sinclair having made some really accurate calls in the past, his prediction caused quite a stir in the gold community.  Even Ron Paul commented and gave reasoning why Sinclair’s predication is not preposterous.

Gold: the first and only safe haven

For most investors, the primary reason for buying gold is to hedge against currency debasement, which, of course, comes about because of excessive money creation by central banks and via fractional reserve banking.  At times, gold investors stand alone, even being ridiculed by mainstream investors.  Now, though, one of Wall Street’s famed names, Merrill Lynch,

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