- Ultimately, the Illuminist central banks of the world will create a massive amount of money out of thin air to bail out their banks! Inflation will flare up.
Brodsky – US Money Base Will Explode to $15 – $17 Trillion!
With tremendous volatility in gold and silver, today KWN wanted to speak with the firm that is calling for $10,000 gold to get their take on what readers should be focused on at this point. Paul Brodsky, who co-founded QB Asset Management Company, had this to say about his firm’s strategy and where he sees things headed: “The macroeconomics behind gold have never been more attractive. When we look at bank assets versus base money, across the world, it makes sense that they (precious metals) are fundamentally cheap.”
We could make a case that gold could go higher than that ($10,000). We think base money in the US is going to rise from about $2.7 trillion to $15 trillion to $17 trillion. All we know is before it’s through, the price (of gold) is going to be significantly higher than where it is today.”
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