Gold at $15,000/oz ?

Denis Goddard's picture

Interesting assertion. I don't think $15,000/oz is realistic. I do think that it's in the realm of plausible... I also think that the timelines are about right, ie, 5-10 years before the US Dollar has a serious currency crisis, aka collapse, aka "You Just Lost Most of Your Savings (if they were in dollars)"

And of course, I am not a licensed financial advisor. If I were, I'd do like all the other licensed financial advisors and tell you to buy blue chip stocks (which are gonna take a crap when the US Dollar craps) or US Treasuries "backed by the full faith and credit of the US Federal Government" (which are gonna take an even bigger crap).