Expect $2,000 Gold & A Massive Squeeze In A Key Commodity
August 29, 2012
Today a legend in the business told King World News, “… we are going to see an incredible squeeze,” in a key commodity that nobody is watching. Keith Barron, who consults with major gold companies around the world, and is responsible for one of the largest gold discoveries in the last quarter century, also said this commodity is, “… going to go parabolic.”
Barron also said we will see $2,000 gold within months. Here is what he had to say: “Certainly the gold price has been moving up nicely over the past couple of weeks. Part of this rise has been in anticipation of this Jackson Hole meeting in a few days time. Everyone is expecting that Bernanke is going to come through with an announcement for QE3.”
Keith Barron continues:
“Nobody really knows what they have up their sleeve, whether it’s going to be direct asset purchases, but something needs to happen. The jobs situation is not improving. Global economic indicators are continuing to turn down, and things are not getting any better for the American people.
There is an even worse situation in Europe right now….