$10,000 Gold Price & $700 Silver Price- Gary Christenson
Deviant Investor’s Gary Christenson is interviewed on SGTReport to discuss his new book Gold Value and Gold Prices From 1971 – 2021: An Empirical Model Gary’s empirical model projects a Gold price of $10,000 by the year 2021 and a Silver price any where from 0 – $700. Gary notes that these numbers are based on simple mathematical projections using current levels of government spending which will undoubtedly continue unabated. Gary’s conservative empirical model does NOT even factor in the possibility of US debt default, Weimar-style hyperinflation of the Dollar or other dramatic economic catastrophes.Interestingly Gary is not alone in his high evaluation for the precious metals. There are several other prominent precious metals experts who are forecasting similar high gold prices and silver prices
Gary talks about real wealth, counter party risk, market manipulation, the gold to silver ratio and the effect on prices.The antidote to the market manipulation and paper market is to purchase physical precious metals.
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Music: “The Complex”
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