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Saturday, December 29, 2012

Nick Barisheff: Gold Price Could Easily Double, Hyperinflation and Complete Collapse – YouTube


FigaNews.com FINANCE GOLD & SILVER BLOG

BY: FIGANEWS | DATE: DECEMBER 30, 2012 | CATEGORIES: GOLDNICK BARISHEFF
Nick Barisheff, CEO of the $650 million Bullion Management Group, says, “We’ve passed the point of this getting fixed.” Barisheff thinks if the Fed’s gold holdings are ever audited, there will be a “gigantic short-covering rally . . . multiple bankruptcies . . . and a massive loss of confidence” in the dollar because much of the gold is gone or leased out. Barisheff thinks the gold price could be “easily double” right now. That’s because Barisheff believes, “What’s kept the price down is the artificial leased gold going onto the markets.” Join Greg Hunter as he goes One-on-One with Nick Barisheff.