The following 48-minute video moves a little slow, but is a great lecture on the fundamentals of our current economy. More,because the video moves a little slow, it’s not hard to follow and grasp some fairly complex concepts.
Sinclair predicts that gold will rise to $3,500 before or during A.D. 2016. That translates into a 180% price increase over the next two to three years. That’s an average annual increase of 60% to 90% for each of the next two or three years.
He predicts that once physical gold is “emancipated” from paper gold (sometime after A.D. 2016), the price of physical gold will rise to $50,000 per ounce.
I can’t say that every statement or prediction by Jim Sinclair is necessarily true, but every bit of what he says is either true or very plausible.