Investing legend Mr. James Dines has identified five unstoppable economic tidal waves that could drive gold to as high as $9,500 an ounce.
In America debt is now $22 Trillion and increasing every day it's $67,461 debt for every man, woman and child in USA. Check the facts:
The Euro is teetering on the brink of a major pullback… and the ensuing currency crisis could erase the last decade of market gains.
In China, a real estate bubble continues to grow… it already exceeds the overbought levels we saw during the U.S. housing bubble leading up to 2008.
And across the globe, countries like Italy, Argentina, Brazil, India, and Turkey all have worrisome loads of debt… if you so much as sneeze, their economies could topple.
Mr. Dines is absolutely certain that when citizens and investors realise all this phoney paper money is declining toward worthlessness, they'll make a mad dash into gold.
Absolutely spot on. I have been looking into the financial industry for a while, and all of this is true.
The European Central Bank's interest rate is -0.4!
Japan's debt to GDP ratio is 253%! Their debt is nearly $10 Trillion, but the country's turnover in GDP is less than $4 Trillion.
The total world's debt is a whopping $250 Trillion, but the total world's turnover is only $80 Trillion. That's a staggering 320% debt to GDP ratio.
The massive debt bubble is about to pop, and the IMF and ECB are warning that banks and global governments aren't ready and prepared enough for it.
The price of gold increased by 630% during the last financial crash, from $300 per ounce to $1900 per ounce by 2011. So easily the price of gold could hit $10K per ounce as the debt problem and financial situation gets worse.
It's time for everyone to exchange some currency (before it's worthless) into pure gold. Have it delivered direct to your door by FedEx or hold in Private Vault.
