$3,000 Gold Price - Popular Guest Back And Doubles Down On Call

Gold hitting $3,000 isn’t just a belief, it’s a “monetary science”, and will happen sooner or later said Dan Oliver, founder of Myrmikan Capital.
Oliver said that the Federal Reserve has printed enough money to cause over-capacity in our economy and create a bubble that’s ready to burst.
“When the bubble is happening people don’t need gold. You don’t need gold when the market is going up, when all your investments are paying off. You need it when the opposite happens, and so gold always does badly during a bubble…gold does not protect you in a credit inflation, it protects you in the crash,” Oliver told Kitco News on the sidelines of the 121 Mining Investment Conference. (show less)

Gold hitting $3,000 isn’t just a belief, it’s a “monetary science”, and will happen sooner or later said Dan Oliver, founder of Myrmikan Capital.
Oliver said that the Federal Reserve has printed enough money to cause over-capacity in our economy and create a bubble that’s ready to burst.
“When the bubble is happening people don’t need gold. You don’t need gold when the market is going up, when all your investments are paying off. You need it when the ... (read more)

121 Mining Investment

121 Mining Investment
121 Mining Investment New York will gather senior investors from institutional funds, private equity groups, family offices and sector analysts to meet with carefully selected mining company management teams in the world’s capital of finance.Featuring cash-generating producers, near-production development companies, project generators and exciting exploration projects, the event this June offers investors the perfect forum to seek out their next big mining investment opportunity.

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