Nomi Prins, who gives speeches to the World Bank, Federal Reserve and IMF, predicted the IMF will make silver a Tier 1 asset, and that will send the price of silver skyrocketing to $180.
August 15 (King World News) – Nomi Prins, who gives speeches to the World Bank, IMF and Federal Reserve: “What’s really interesting about all of the fiat currencies and governments destroying their money, which they have been (aggressively) doing for decades, is the additional increase in debt over the last few years or even the last decade. And you talked in the beginning about it doesn’t matter who’s leading, it doesn’t matter the politics. I look at the numbers and the numbers are that no matter who’s running whatever country, debt is accumulating.
BIS To Make Silver A Tier 1 Asset
I still believe, maybe not this year, maybe next year there will be more BIS rules that will accommodate silver into Tier 1 types of assets for central banks. That will create a monetary incentive for silver. And people are already buying silver for wealth preservation purposes. Gold continues to be accumulated by central banks for two reasons: One is to diversify against fiat currencies, particularly the dollar. It doesn’t mean going back to a full gold standard, but the more gold is held by central banks, the more gold is becoming a player. I see gold going to $6,000 by the turn of this year and silver over $120. And I see silver going to $180 next year, and I see gold going to $…to hear how high Nomi predicts the price of gold will be next year CLICK HERE OR ON THE IMAGE BELOW.
Could The Price Of Gold Surge To $8,000 In Just A Few Months?
To listen to Alasdair Macleod discuss skyrocketing gold, silver, oil, and mining stocks CLICK HERE OR ON THE IMAGE BELOW.
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