by David Schectman, MilesFranklin.com:
Looking for guarantees?
All I can offer you is a big picture scenario. Gold is going to sell in the thousands of dollars and you can count on that. But that does not discount the “possibility” that it could go lower first. It’s confusing. But that’s life.
The confusion is caused by faulty data. The ongoing Release of misleading Official Data by U.S., Chinese and other Major Nations causes distortions in the markets. Real U.S. GDP is a Negative 1.7%, Real U.S. Inflation at 8.81% and Real U.S. Unemployment is 23.2%. It’s no wonder that money is flowing out of gold and silver and into the stock market.
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