I have a huge number of emails all asking why $50,000 gold. The answer is that the bullion market is in the process of emancipation of the gold price from the fractional paper gold system. The actualization of the real price of gold will be its emancipation from the prison of paper gold. The emancipation will occur because there is no gold whatsoever behind the deluge of paper we have just witnessed.
$50,000 Gold?
Saturday, July 13, 2013
From Jim Sinclair's MineSet, "Why $50,000 Gold?"
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