Gold To Rise On Fiat Currency Crisis, Negative Real Interest Rates, Money Printing
Many people understand that the American economy is in bad shape, but “We’re in the middle of a gold bull market that’s been going on for ten years now,” explained Joe Foster, Van Eck’s head of actively managed gold funds, “this is not a bubble and we are nowhere near the end.” Gold’s precipitous rise has come as a consequence of the fiat currency crisis, in which debt saddled countries have resorted to stimulative policies that involve money printing and competitive exchange
