David Tice, Federated’s Chief Portfolio Strategist for bear markets talking about Gold vs Dollar and some of the wider problems that are coming..
We think Gold’s going to get to 25 hundred, 3000 or so, it could go even higher..
Our concerns are printing money for QE, debasing our currency, with a possible ultimate taxpayer cost of $23 trillion..
..We’ve never seen anything like this in our history
Is this the end of the Dollar’s reserve status?
“I believe its happening daily as we speak, the emergence of bi-lateral trade agreements that China’s been putting together so they can trade with Brazil etc, so they can reconcile their balance sheets at the end of the month, and they don’t have to go through Dollars..”
..Find out more about buying gold safely and securely NOW