With the price of gold and silver pulling back, today legend Pierre Lassonde told King World News that $12,000 gold may become a terrifying reality.

Lassonde is arguably the greatest company builder in the history of the mining sector.  He is past president of Newmont Mining, former chairman of the World Gold Council and current chairman of Franco Nevada.  Lassonde is one of the wealthiest, most respected individuals in the gold world, and as always King World News would like to thank him for sharing his wisdom with our global readers during this critical period in these markets.

What Will The World Look Like?
November 4 (King World News) – Legendary billionaire Pierre Lassonde:  “The Dow today is 23,500.  It can lose half of its value.  So it falls to 12,000.  Well, with a 1/1 (Dow/Gold ratio) you would have gold at $12,000.  That’s a terrifying idea when you think about it.  What will the economy and the world look like (at $12,000 gold)?  The point here is…To continue listening to legend Pierre Lassonde discuss $12,000 gold and the coming global shock CLICK HERE OR ON THE IMAGE BELOW.

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***ALSO JUST RELEASED: John Embry – The World’s Debt Explosion Risks Global Collapse CLICK HERE.

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