Expect Aggressive Stimulus As Gold To Smash Through $2,000
October 1, 2012
Today a legend in the business surprised King World News by stating, “… at some point in the future, we may see an overnight devaluation of the dollar.” 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, “In this environment people are being forced to turn to gold and silver.”
Barron also made price projections for gold over the next 3 to six months. Here is what he had to say: “Gold hit a new high for the year today, although we had a little bit of a pull back in the afternoon. Gold got a boost when one of the Fed Governors made a remark this morning about QE, saying it was a step in the right direction.”
Keith Barron continues:
“That news from the Fed Governor was what got the gold futures and the gold market going. But you have to look at the macro issues here, and certainly the trend is going to be higher for both gold and silver. The Fed has already said they are going to continue with QE ad infinitum. It will continue for at least the next couple of years.
The Fed is really attempting to liquify the system again…