written by reader Gold to shoot to $10,000 US an ounce!!….says Richard. …

By paulinoz, November 9, 2019

Oz is being saturated by Agora and Port Philip Publishing newsletter shills with $ 10,000 an ounce gold prices ..we presume in our lifetime..and Rickards et al will reveal the secret of how to cash in on this and naturally get rich.
Touting a “ Gold Mania Summit” event to be held down here soon.
Really? ..again?…
I’m wondering a few things here…and I’m hoping some of the fine people in Gumshoedom May help me out .
1. Is the same blitz occurring in US newsletter world?
2. 10,000 an ounce! Can anyone explain how that figure might be calculated? I am assuming there is probably a collection of half truths and personal biases involved in his reasoning , but I don’t know how he could convince ordinary reasonably intelligent investors.
3. And ..Who would buy gold at that price and why?? Yes I know “ look at tulip mania “ etc but I can’t help but think the world is slightly more sophisticated than it was a few hundred years ago.
Reinforced my opinion of Richard and why I advise people to at least ignore anything he says , if not actually do the opposite

I would be interested to hear any answers
Cheers
Paul

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