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John Williams - Gold Says Hyperinflation Straight Ahead ~ USA Watchdog

Goldhedge

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#1
Economist John Williams expects to see some very large inflation because of all the stimulus coming and predicts, “The more left we go, the more rapid will be the demise of the dollar. Eventually, it will be a hyperinflation in the United States.

What I am looking at here is this evolving into a hyperinflationary Great Depression.

To save yourself, you have to preserve your wealth, your dollar assets. To do that, you have to convert your dollars into physical gold and silver, precious metals and just hold them. They will retain value over time as opposed to paper dollars that will effectively become worthless. You’ll be getting a lot of money from the government, and they will keep giving you more and more and more, but that’s going to be an environment of rising and rising inflation. It’s not necessarily going to buy you more. . . .

Hyperinflation will bring political disruption. . . . Hyperinflation is a form of default. Gold is telling us hyperinflation is straight ahead of us.”

 

Ebie

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#2
" Gold is telling us hyperinflation is straight ahead of us.”
Gold? It is down recently...
Bitcoin is doing well, though...
 

Treasure Searcher

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#3
Paper gold price is suppressed. The premium on a gold bar or coin gives a better indication of the free market price.
 

Bman33

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#6
I'm pleased to see what gold has done this year. Silver too. Some of those that thought I was a nutburger for spending a lot on PM;s are eating crow right now.
 

EO 11110

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#7
remember when the deflationists were a thing? are there any of those people left? hope they learned something and didnt go bk betting on their absurd world view

that goes for the bi-flation lunacy too - aka apologist deflatoinists
 

Fatrat

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#8
WHEN the inflation gets off is anyone's guess. that it will is a sure thing, paper always fails.
 

SongSungAU

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#11
And what is your guess on when?
I was surprised to see Jim Rickards give both a price and a date. Usually they give one or the other but not both.


Rickards: Here’s the Gold Price in 2026
The first two major gold bull markets were 1971–80 and 1999–2011. Today, gold is in the early stages of its third bull market in 50 years.

How far can gold go during this bull run?

If we simply average the performance of the past two bull markets and extend the new bull market on that basis, we would expect to see prices peak at $14,000 per ounce by 2026.