GOLD POSSIBLE 50% INCREASE TO $US2250 OUNCE OUT OF NOWHERE MARKET ANALYST SAYS

GOLD COULD EXPLODE BY 50%

Director of Metalla Royalty and Streaming, Mr E.B. Tucker says, that Gold could easily rally another 50% due to the enormous amount of debt hanging around the world. He says, ” the amount of debt is growing tremendously, with the US Governments debt growing by billions of dollars a day”. He says, “Corporations have to borrow more and more just to function, interest rates are negative, so they are being paid to borrow, so debt is growing really quickly”. The Global debt, he says, is now pushing the upper limits of $300 Trillion. He says , he doesn’t see a slowdown and thinks Gold has to play catch up. He said that there is only 10 trillion dollars of Gold in the world. Goldtalk now says, a 50% rise is plausible.

GOLDTALK SAYS: WE AGREE WITH MR TUCKERS COMMENTS and explain below:

The Global currency market was once tied to Gold, but because the devaluation of some countries occurred some “experts” got together and decided that the currencies would now be based on the countries GDP. Well as we all know that hasn’t worked out like they thought and the world is now out of control with debt. The only way out is for somehow the value of Gold has no choice but to rise as its only a matter of time before paper money will be worth as much as the value of the Zimbabwe currency. No one is going to want paper money soon and the only other option is for the price of Gold to explode. When you think about it, in the early 1940’s gold was $US20 PER OUNCE.

Goldman

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