Gold Wins in Three out of Four Scenarios, Says Macquarie Strategist
By GCRU Gold News on Thursday, August 25 2016, 00:12 - Permalink
“If you think of gold, the only way gold loses is if normal business and private sector cycles come back. If that is the case, gold goes back 100 dollars per ounce. The other outcomes, deflation, stagflation, hyperinflation are good for gold,”
“If people become more confident, gold will ease back. But when the chickens come home to roost, gold will come back,”
Where will all this lead? Shvets believes there has to be reset of the financial system to get rid of a couple hundred trillion dollars of debt.