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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: 5thGrader who wrote (80531)4/1/2007 4:01:44 PM
From: bart13  Read Replies (2) of 110194
 

I do not think we will end up with a world like that, but when very educated people like Jay Chen tell me that gold in a very short time is going to 10K per ounce I get confused. I don't see if he really believes that how he can't also believe its going to be total anarchy and chaos all over the globe.


My own current longer term target is at least $3k and your points are somewhat well taken about military and fascistic government actions... but do also recall that gold 20x'ed in the '70s, 20x the 2001 $250 bottom is $10,000, and total anarchy and chaos all over the globe did not occur in 1980 or thereafter.
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