Johann Saiger, Editor of Midas Investment Report, and James Turk, Director of the GoldMoney Foundation, meet in Munich and talk about the price of gold. Johann Saiger explains that he has been very bullish on gold for the past 10 years and remains very bullish. However he warns that the sovereign debt crisis poses deflationary dangers, which could set gold back temporarily. He says that we are walking on a tightrope between deflation and hyperinflation and that after a short deflationary shock central banks will overreact with money printing. They talk about gold and silver being undervalued, even compared to its previous high in 1980, once it is adjusted for inflation.
Our Listings at a Glance:
Last updated on April 5, 2014
Gold Mining Joint Venture
California Mother Lode Re-starting old gold mine $20MM Loan or JV
All Rights Reserved. This document may not be copied in part or full without express written permission from the publisher. By providing links to other sites from goldandcoal.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to goldandcoal.com