- Ben Davies – There Is A New Buyer Entering The Gold Market!
Today Ben Davies spoke with King World News about a surprising new buyer that has entered the gold market and why he believes gold is headed much higher. But first, here is what the rising star had to say about the ongoing crisis: “Eric, as you know I’ve written a lot about Japan and I’ve been on the show describing that scenario. But clearly the endgame has already happened in Japan, it’s just a question when? There is no ability, even with structural reform, for them to be able to pay down their debts. It’s just not going to happen.”
“So they are left with an interminable situation where they print money to meet the shortfall of their financing for the country. If they don’t they are going to engender a deflationary spiral. And that has huge ramifications for the rest of the world. So you are on that monetary edge where you fall down the deflationary route, which will really cause the rest of the world to ratchet up their printing presses….