Former Soros Associate Just Warned The Price Of Gold Is Going Skyrocket To $2,000
KingWorldNews.com
September 15, 2016
As we continue to see increased volatility in mid-September, a former associate of George Soros just warned the price of gold is going to skyrocket to $2,000.
Victor Sperandeo manages over $3 billion, has been in the business 45 years, and has worked with famous individuals such as Leon Cooperman and George Soros. Below is what Sperandeo had to say.
Eric King: “Victor, what is going to cause the price of gold to surge higher and finally take out $1,400?”
Victor Sperandeo: “Today the Mexican peso is hitting new lows vs the dollar, and the price of gold in Mexican pesos is hitting new all-time highs…
Victor Sperandeo continues: “But the dollar needs to begin to decline to push commodity prices higher. What is going to cause that? When the Fed stops trying to keep the dollar high in order to keep the price of oil low. The are pushing oil lower in a desperate attempt to keep retail sales up. The harsh reality facing the Fed right now is that there is no way to increase rates. So we are not going to get an increase in rates in September or in November.
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