How Much Gold In Portfolio? $21,000 Gold Coming?

in #gold6 years ago

https://m.youtube.com/watch?v=Btwcn_dQeVQ

Central Banks are taking long positions on gold, and have been doing so for over a decade now. Calls for gold to reach $2,000 and even $8,000, $10,000 or higher are heard. Amidst a backdrop of global uncertainty, currency wars, trade wars, rotting economies, systemic debt, and increasing tensions, gold is the 65 century lasting ultimate extinguisher of debt. Gold is money, everything else is credit. The house of fiat is on fire.
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The prices of physical gold and silver will be out of reach for the masses when the financial system collapses. Frankly speaking, even if you have money, you may not be able to acquire any precious metals.

The Melt Value of Gold will reach $35 per oz, and Silvers Melt Value will reach $3.50 per oz, in "Sound Money"...

It doesn't sound like much, but I'm talking about "Sound Money" not "Fiat Debt Based Money"...
September 14, 2019... 21.1 Hollywood Time...

There will come a time where no amount of any paper will be able to acquire any amount of gold.