Hey guys, a heads up: if you buy gold, buy the physical metal and do not accept IOUs. The system doesn't actually have the gold it says it has. For every actual physically present ounce of gold, there are a 100 people claiming it.
So the price of gold? Add two zeroes. And don't believe it until you see it, and even then have the gold tested to make sure it isn't a fake. Seriously. There is a gold bubble, just not in the way people think.
@MrLaughandgrowfat Maybe not a couple of zeros, but significantly higher given the monetary policy of the Central Banks. I agree regarding physical gold, it's the only one worth owning as any 'paper' gold value will be wiped out once holders of IOU's start demanding physical delivery and everyone realizes it is a giant Ponzi scheme.
Bernanke and friends will print money til we run out of trees! lmfao Gold to the moon baby! and silver back to historical 16:1 ratio or maybe even catch up to gold because of its industrial use and rarity.
Mate, it'll be past $2000 in the next couple years TOPS! By 2020, with the way the US is printing money, if their economy hasn't completely crashed by then gold will be TEN TIMES what it's trading for now!
We've seen NOTHING yet!
Oh btw, SILVER has a MUCH bigger bull market over the next 10 years over Gold.
Silver is the 2nd highest used industrial commodity on the planet behind Oil and there's only 5-10% world supply left.
@Austacker Yeah, Rogers was being extremely conservative. I think we may see $10,000 gold even in 5 years. In 10 years, I feel gold will be the world reserve currency.
I predict that to.....and i think a lot of people did to....he is nothing special rs rs rs
ginofrater 4 months ago
@ginofrater vc é brasileiro?
Bravesfan4500 4 months ago
Which would you rather see? Bernake, Geither or Rogers?
whereismybailouttv 1 year ago
@whereismybailouttv I'd rather have the 3 stooges .
TheGoat1954 3 days ago
Was that a black gook woman?
gsapp59 1 year ago
what he is realy saying is the usa dallar will collaps in 10 years,,,
DANTHETUBEMAN 1 year ago
the guy @ 0:10 looks and sounds like Mr. Bean.
MrJackassjerry 1 year ago
HAHAH...this guy is the best! "what kinda bubble is it when nobody owns it" haha
emichik86 1 year ago
Search For
"CIA NEW FIASCO"
eliasmouawad 1 year ago
Hey guys, a heads up: if you buy gold, buy the physical metal and do not accept IOUs. The system doesn't actually have the gold it says it has. For every actual physically present ounce of gold, there are a 100 people claiming it.
So the price of gold? Add two zeroes. And don't believe it until you see it, and even then have the gold tested to make sure it isn't a fake. Seriously. There is a gold bubble, just not in the way people think.
MrLaughandgrowfat 1 year ago
@MrLaughandgrowfat Maybe not a couple of zeros, but significantly higher given the monetary policy of the Central Banks. I agree regarding physical gold, it's the only one worth owning as any 'paper' gold value will be wiped out once holders of IOU's start demanding physical delivery and everyone realizes it is a giant Ponzi scheme.
IamMakarov 1 year ago
Bernanke and friends will print money til we run out of trees! lmfao Gold to the moon baby! and silver back to historical 16:1 ratio or maybe even catch up to gold because of its industrial use and rarity.
GMirk22 1 year ago
At LEAST $2000 by the end of the DECADE?
HA!
Mate, it'll be past $2000 in the next couple years TOPS! By 2020, with the way the US is printing money, if their economy hasn't completely crashed by then gold will be TEN TIMES what it's trading for now!
We've seen NOTHING yet!
Oh btw, SILVER has a MUCH bigger bull market over the next 10 years over Gold.
Silver is the 2nd highest used industrial commodity on the planet behind Oil and there's only 5-10% world supply left.
YOU DO THE MATH!
Austacker 1 year ago
@Austacker Yeah, Rogers was being extremely conservative. I think we may see $10,000 gold even in 5 years. In 10 years, I feel gold will be the world reserve currency.
bearcat648 1 year ago 2
@Austacker You're a moron. A sucker born everyday.
miamad 1 year ago