Sensational Events Looming?

In my most recent article, A Stock Market Collapse and Surge in Gold is Imminent, I discuss the excesses in the world and the effects that will have on the financial system and the stock market as well as on the gold and silver prices.
Yes, some readers might find that a forecast of $10,000 gold and $500 might sound sensational and not serious. Let me make it totally clear that it is not my intention to be sensational. No, what I am describing are just the consequences of total economic mismanagement by world governments and central banks for the last hundred years. $10,000 gold is not sensational. I made that forecast already back in 2002 when we invested heavily in gold for our investors at $300. Remember also that the $10,000 gold is a forecast in today’s prices. But I don’t believe we will have today’s prices. Instead we will have hyperinflation leading to $50,000 gold which is Jim Sinclair’s forecast or 100 trillion Marks like in the Weimar republic. The latter forecast would be the result of the $1.5 quadrillion derivatives imploding.

This post was published at GoldSwitzerland on October 12th, 2015.