Man Censored On CNBC Says Gold Worth At Least $6,000 Today
April 25, 2014
Today the man who had his interview censored and entirely erased out of a CNBC segment surprised King World News when he said that the fair price of gold today is at least $6,000. This is a fascinating interview with Michael Pento, the man who someone in an ivory tower made the decision to censor.
Eric King: “Michael, you’ve looked at the bull market gold had in the 1970s, going from $35 to $850. When you try to establish a fair value for the price of gold, have you looked at that at all?”
Pento: “I did some work (on this) in 2007 and 2008. I came up with $6,000 an ounce….