Today one of the top money managers in the world told King World News that there is no question Vladimir Putin has Russia booming while the West is in serious trouble. He also urged people not to get shaken out of the gold market, saying they will regret it. Meanwhile China is doing a major pivot.
With the world hurtling from one crisis to another, central planners can’t hold the price of gold down much longer.
Today the top trends forecaster in the world told King World News that the price of gold should be $2,500 and silver $70-100.
Today former US Treasury Secretary Paul Craig Roberts warned the US is now on the precipice of economic and social collapse.
The gold market may have bottomed today, plus look at what just hit the lowest level since 1979.
The world is now facing a triple nightmare of global currency, credit and banking crisis being unleashed.
Rampaging inflation has consumers tapped out and personal savings has collapsed.
German PPI is up a staggering 32.7%, but here are more surprises.
Fund managers are worried about a 2008-style collapse. Egon von Greyerz also cautioned that damage to the global financial system can no longer be concealed.
Last time this happened gold rallied over $700, plus look at this 30%+ inflation crushing consumers!