Headline - Gold to Reach $5000 an ounce
100 Top Analysts now believe Gold will reach at least $5000 an ounce as a result of excessive debt and deficit spending by the US.
Jim Sinclair the man they call Mr Gold who I had the fortune of learning all about in India. The $50 Million dollar hospital he built outside Bangalore provides free medical aid to anyone who needs it. Jim made the bold statement in 2001 when Gold was $250 that it would reach $1500 by 2011.
The formula he used to reach the now famous $1500 figure was given to him by the boy plunger the late great Jesse Livermore.
This same formula today places Gold at $12,500.
We are getting lots of interest in Gold from individuals in Singapore, Malaysia, Cambodia, Vietnam, Hong Kong, India & China. The smart ones are choosing to get out of the dollar on a day when we see the dollar rise as a flight to 'safety' from the Euro. There is only one explanation for the dollar flight to 'safety' it is described in Charles Mackey's Famous book, "Extraordinary Popular Delusions and the Madness of Crowds."
Of course Americans are still big buyers of Gold & Silver and we are helping facilitate the armoured transport out of the US of Americans Precious Metals to safer locations in Asia. Email or call +65 83 066270 for more information on getting your metal out of the US.
"Whatever happens commodities win"
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Best,
Robert McManus
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