Gold price soon to exceed $2,000 per ounce

Watch the full 37-minute video at http://www.goldmoney.com/davies-turk-interview. Ben Davies (http://hindecapital.com) and James Turk, Director of the GoldMoney Foundation, talk about Hinde Capital and how they attempt, so far with success, to gain a nominal return higher than the rise in the price of gold.

They see gold breaking the $2,000 barrier this year and moving exponentially. Ben Davies explains that he uses a power-function model to analyse the price of gold, based on Benford's law.

This interview was recorded on August 4 2011 in London.

Category:

Education

Tags:

• James Turk
• Ben Davies
• GATA
• gold price
• fiat currency
• central banks
• interview
• video
• euro crisis

[kenandjasha]

thanks so much for posting..these are the best interviews on YT lately! Very informative. Id have to pay alot of money to get this kind of information from these individuals ordinarily...

[colpward]

$1900 boom, get out the way

[ytgv3fc7]

@interxmen we won't have any fully integrated credit systems. There isn't enough credit-worthy production to support it, nor savings. An asset-backed currency, backed by gold or oil, is the only future. for those of us willing to sidestep the nonsense there's pure ownership of gold bars & oil barrels right now. Gold hasn't been a reliable short yet nor shall it be. I have a put (short) right now on GLD. Believe me I want to see the price go down. I doubt it will.

[Medic37dan]

LMAO @ Interxmen. Probably a democrat who voted for Obama and is one of the many delusional people who think if we "hope" enough (with our empty open hands out) that everything will be given to us by the govt and all better like it never happened. Probably one of those guys who said "ohhhhh! Gold is at $1000. It's in a bubble. Don't buy it now, it's going to collapse. Have fun in your short position going broke.

[puapake]

@interxmen Yes, sell your gold for cold hard cash! Just like the TV ads say.

[vambo13257]

@interxmen Whatever!!

[thaboomer53]

@interxmen I guess gold is still in a bubbble huh? You can have your manipulated equity markets. i'll take some precious metals, and hang on for the ride. I'm sure there will be some money to be made when the equity's hit bottom. Blood in the streets and all. I just choose to survive another way. have a nice time with your paper wealth.

[interxmen]

New currency systems are going to be not again backed by gold; Because the next step is a fully integrated credit based systems finally merging the global economics the way it should be. The segmentation of these credits will be controlled not by commodity price index, but real equity performance if multinationals and so forth! Gold will be one of the best shorts @ $2200 LONG all equity markets and real-estate.

[Luiyi385]

Gold and Silver are the place to be compared to any other asset now.