Eric King: “If the gold market gets revalued and becomes part of an international basket of currencies, where does gold have to be re-priced, just looking at the mess we have today?”
Williams: “I’ve seen some really credible work from guys like Paul Brodsky and Lee Quaintance that makes the case for a $10,000 gold price and makes it effortlessly….
“I’ve seen similar people talking about $5,000. You can really make a case, depending on the level of backing that they (central planners) want to put around this, for anywhere from $5,000 to $10,000. But in principle it could be a lot higher than that.
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