Gold has no counter-party risk in a 2008-style crash.
The continual devaluation of the US dollar is inevitable.
Gold will eventually return to its true historic role as money.
The destruction of government balance sheets, continual devaluations, and the widespread implementation of zero interest rate policies probably will result in hyper-inflation.
Central banks are nearing an inflection point where they no longer can supply the gold necessary to prevent rising gold prices.
Gold has survived governments, leaders, parliaments, central bankers, economic stupidity, graft, corruption, and wars.
Investment demand for gold is rapidly accelerating. The western world is in the early stage of a panic and “gold rush.”
There is growing recognition that many paper gold products are not backed by physical gold.
Mine supplies are not anticipated to rise for several years, if at all.
Eastern Central Banks are accelerating their purchases of gold.
Skepticism about official U.S. gold reserves is increasing.
Large short positions in futures markets must be reversed or “cash settled.” (The paper suppression game cannot continue forever.)
Gold prices are climbing from their December 2015 low in an established bull market.
Up to $10 trillion (Doug Casey) in U.S. dollars may return to the U.S. and create dire inflationary consequences if global confidence in the dollar fades due to war, politics or economic policies.
A derivatives disaster is likely. Counter-party risk will rise again!
Long after most fiat paper and digital currencies have disappeared, gold will be used as money or backing for currencies.
Gold will rise to $10,000, or far more, depending upon government and central bank devaluation policies. Expect $10,000 in years, not decades.
(This list was edited and adapted from an email blast by Tom Cloud).
Corporations and central banks protect their interests. Examples:
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