The outlook for gold and silver prices
May 9, 2012 – 3:00 pm
Watch the full 39-minute video at www.goldmoney.com In this video Folker Hellmeyer, chief analyst at Bremer Landesbank, and James Turk of the GoldMoney Foundation, talk about the revaluation of gold as a way to solve the debt crisis. Hellmeyer sees a strong accumulation of gold by emerging markets’ central banks. He thinks that the experiment of un-backed currencies over the last 40 years was a mistake and that we need to go back to a system in which gold plays a major role. He will not give a forecast on specific prices for gold and silver for the next 5 to 10 years, but he is sure that the prices will be much, much higher in the future. He therefore advocates that every citizen sets up his own gold and silver standard. Gold and silver can’t be printed and are in demand. Paper prices can’t fool markets for long, says Hellmeyer. This video was recorded on November 4 at the Edelmetallmesse 2011 in Munich.
Video Rating: 5 / 5
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Related posts:
- Research and Markets: CPM Silver Long-Term Outlook: a comprehensive study of the global silver market
- Gold prices fall on Europe fears
- Toron well positioned for potential gains in gold prices; gold prices at US$2,200 by end of year according to industry reports
- Research and Markets: CPM Gold Long-Term Outlook
- Gold Prices Pop as Investors Seek Safety – TheStreet.com
- Research and Markets: Silver Market Review – Five Year Market Outlook
- Gold and Silver Miners Put Real Money Where Their Mouth Is – Fox Business
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4 Responses to “The outlook for gold and silver prices”
Keep on stackin!
By tikiduck on May 9, 2012
Read FOFOA (google it) Read, reread, study and see the light. The Euro will survive,carried by as called “Free Gold’. It’s already in the books, line one (!!!) of ECB accounting statement reads Gold holdings valued at market price. Currently 2/3 rds and rsing of total, and 1/3 rd for foreign currencies. ECB knows the role Gold should play. At the moment we are at WAR, a dirty currency war, hence other central banks started to buy Gold it’ll be the last man standing.
By flyingdutchman4you on May 9, 2012
gold will be money for BANKS only ! People will be banned from owning one.
By quadcatfly on May 9, 2012
Yes if the Euro Zone’s the first to do it the rest will follow..just make sure the set price is high enough..but a crash has to come for this to happen.
By JohnnyBGood11 on May 9, 2012