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Hyper-Inflation To Push Gold To Double

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Uploaded by on Nov 20, 2008

Aaron Lee Smith, MD of Superfund Singapore predicts gold to easily double next year. Jim Rogers, Robin Griffiths and Jurg Kiener hold the same view as global central banks' insistence on printing their way out of economic turmoil is setting the stage for a hyperinflationary holocaust, a knock-on effect of which will be gold's acceleration towards $2,000, as demand for precious metals outstrips supply.

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  • Deflation is the temporary result of unwinding right now but if anyone thinks hyperinflation will not follow shortly...well, hope it works out for ya'.

  • U.S. gov has two options. 1) default its debt through non payment. 2) inflate its debt into oblivion. Either way the U.S. dollar is doomed. I just cant see any other outcome in the long run.

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  • stop importing chinese crap thats the only way out

  • its close to double right now, good call Mr Smith

  • @30percentplusreturns Hey genius, is oil at 80 bucks a collapse? Copper at 3.25? Just because housing and comm RE collapse and you can't get a loan in 2013, doesn't mean that 30 Trillion in US debt and Fed bank guarantees won't drive up the cost of commodities when priced in USD. Commodities will talk, paper default currencies will walk! 30pointsIQ

  • I don't mean to sound bad, but being a white guy from the south, I never gave much thought to mixed race intimate relations until I started seeing women like this - geez-o-pete. Unfreakin' believable. Check Emily Chan on CNBC Hong Kong and Christine Tan - ugh. They got nothing on this info babe, though. Learning the mysteries of the Orient with her would be a life changing pleasure, I would wager. I bet she and her folks got a nice, little gold stash somewhere, too! What more could you ask?

  • Singapore is full of Chinese-Malay-Thai mixed ladies like that!

  • You're a fraud, 30percentplusreturns.

  • Great Video!

    DeathOfTheDollar2010.blogspot.­DotCom

  • I totally agree w/no hyperinflation. All the warehoused goods on the planet will go at fire sale prices.

  • There isnt going to be hyperinflation. Weve had the biggest debt bubble and it is imploding. That is all deflationary. Just look at the dubai collapse last week. This is only the beginning. There will be a rush to dollars and it will collapse the markets in 2010. All these hyperinflationists are clueless. They forget that oil, natural gas, and pretty much all commodities have collapsed. Thats not hyperinflationary. If we were in hyperinflation, the dow would be at 200,000, not 40% off its high!

  • Two things. 1 forget the middleman seller for a minute. Why doesn't the owner wait longer to sell his gold at 5k in 3 years?

    2. I hear tgat gold is getting filled in the inside w/tungsten so you can't be sure what you're getting anymore.3. Some day if gold is really worth allthat much and paper is shit, what's going to happen when the starving see you buy something w/gold? They are going to rob you or followyou home and take all your shit. Go around w/bodyguards?They'l lrip you off too

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