Gold “Bargain of Lifetime” As Gold Standard Inevitable, Possibly Within Year – $10,000/oz Looms
Gold Standard Inevitable, Possibly Within Year – $10,000/oz Looms
Reuters TV have interviewed John Butler who says a return to the gold standard is “inevitable” possibly as soon as within the year and $10,000/oz gold is on the cards.
Jamie McGeever interviews Butler in the Goldsmith Hall in London about his opinions propounded in his new book, ‘The Golden Revolution : How to Prepare for the Coming Gold Standard.’
Butler has 18 years’ experience in the global financial industry, having worked for European and US investment banks in London, New York and Germany.
The book says that the era of paper currency is coming to an end and a return to a gold backed dollar is basically inevitable.
McGeever starts the interview by saying that far from gold being expensive at $2,000/oz, gold may be “the bargain of a life time” especially “if the world returns to some form of gold standard.”