Gold hitting $3,000 isn’t just a perception, it’s a “monetary technology”, and will happen in the end said Dan Oliver, founding father of Myrmikan Capital.

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Oliver stated that the Federal Reserve has printed sufficient cash to purpose over-potential in our economy and create a bubble that’s ready to burst.
“When the bubble is going on human beings don’t want gold.

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You don’t want gold when the market goes up, when all your investments are paying off. You need it when the alternative occurs, and so gold always does badly during a bubble…gold does not guard you in a credit inflation, it protects you within the crash,” Oliver told Kitco News at the sidelines of the 121 Mining Investment Conference

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