MICHAEL PENTO: It Would Be More Surprising If Gold Didn’t Go To $

by alexoscarew | December 29, 2012 at 06:24 am
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http://1goldinvestment.com/michael-pento-it-would-be-more-surprising-if-gold-didnt-go-to-10000/

MICHAEL PENTO: It Would Be More Surprising If Gold Didn’t Go To $10,000

The world’s central banks have gold bulls on high alert thanks to unprecedented, ultra-easy monetary policy.

Eric King of King World News asked Michael Pento if this means gold $10,000 is coming.

Here’s Pento’s response:

“Absolutely.  I know it sounds ridiculous, but don’t forget that back in the 1930s it was (around) $21 an ounce.  No one would ever have believed that 80 years later we would have gold trading anywhere near $1,900 an ounce, but that’s what happened.

Read more: http://1goldinvestment.com/michael-pento-it-would-be-more-surprising-if-gold-didnt-go-to-10000/

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