Europe default may send Gold to $6000/oz

CNBC is now reporting that Gold may top $6000 an ounce along with silver at $600/oz in the near future caused by the banks failures and the default that are on the horizon in Europe , investment capital will continue to flock into safe heaven assets like gold and silver if these banks continue to default

Bob Chapman - De Deagle Show - Sept 16 2011

Bob Chapman : My prophecy of two years ago that Greece would and should go under is coming true , would that be next month of September when they will have their meeting I do not know would it be next month I do not know I just know it is going to happen , do what you are supposed to do to get ready for it this is going to be far worse than what we saw three years ago during the credit crisis and then the crisis that will come after that in New York City and London is going to be even worse because you got all these money market funds and the pension funds they have been buying bonds in these nations that are in trouble Greece Portugal Ireland etc....reaching for yields reaching for interest income

Bob Chapman - The Sovereign Economist 15 September 2011

Bob Chapman : this is the beginning of the end , how long would it take , 3 or 4 years may be , but it is going to come they are going to destroy society they are going to make the third world countries stronger and the first world countries weaker so that they can force them on their knees to accept a world government and that's what all this is all about ....


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