Steve Hanke is not discouraged by the recent drawdown in gold and he believes the price will ultimately rise to $6,000 this cycle, driven by the devaluation of currencies worldwide, untenable government debt, and rising positive sentiment in the space. Steve also argues that establishing a new gold standard is far from a pipe dream, it’s a reality that he has considered in great detail, and he walks us through the road to a world where gold is money again.
Credit to : VRIC Media
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