A RARE OP PART 2 - Commodity Supercycle pushing gold to $5,000

A RARE OP: Part I - Some monetary experts are now forecasting inflation could rise twentyfold in the near future as a result of out-of-control government spending. Meanwhile, the Fed is monetizing debt and pumping dollars into the system to create more inflation. This, together with many other fundamental drivers is pushing precious metal prices soaring. If inflation rises twentyfold from the official rate of 2.5% to 50%, it is reasonable that gold prices could also rise twentyfold from $255 in 2001 to $5,000 an ounce and silver from $5 in 2001 to $1,000 an ounce. This is part one of a 30-min. special hosted by Pat Boone and Ed Lubin which features Swiss America Chairman Craig R. Smith on CNN and CNBC discussing this generational bull market in commodities. Produced by Idea Factory Films.

Category:

Education

Tags:

• Economics
• investment
• inflation
• gold
• silver
• commodities
• Federal Reserve
• government

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