Watch the full 19-minute video at www.goldmoney.com Johann Saiger, Editor of Midas Investment Report, and James Turk, Director of the GoldMoney Foundation, meet in Munich and talk about the price of gold. Johann Saiger explains that he has been very bullish on gold for the past 10 years and remains very bullish. However he warns that the sovereign debt crisis poses deflationary dangers, which could set gold back temporarily. He says that we are walking on a tightrope between deflation and hyperinflation and that after a short deflationary shock central banks will overreact with money printing. They talk about gold and silver being very undervalued, even compared to its previous high in 1980, once it is adjusted for inflation. They also talk about the dow/gold ratio as a way of measuring gold’s value. This interview was recorded on November 4th 2011 in Munich.
Damien Penninger
@POC777 couldda wouldda sholdda. ? start stacking silver
My bet is controlled and rigged my bet is 1300 usd end january.
My bet is 1300 usd now imo it will go down further because everything is 1300 usd now imo it will go down further because everything is controlled and rigged my bet.
UK sold it’s gold as did Australia and austria, they all got ****** in, selling peoples wealth at give away prices,? these governments are all traitors.
Love this Info.?
For sharing agree.
Eliot? Wave is a JOKE
@mtube620 just stack , or i will find you and bite you , buy Eagles,?
@firefox666moll LOL, don’t bite? me
I can’t believe? it I didn’t buy gold when it was $200 dollars…I could’ve had $20,000 worth of gold right now
The **** queen to sell it to them at basement prices.
The possibility of brief deflationary shock tend to agree the market can be manipulated in either direction but would not want to agree the possibility of precious metals right now.
Cant argue with anything here.? Its no accident Banks sold Gold at 250.
My stack and am rabid bull.
Simply AMAZING!?
Moneyprinting has started, so they jumped over deflation. Next? station will be hyperinflation