$40,000 Ounce Gold Price and $8000 Silver Price

[GoldNugget]

Under Gold's Spell By The Mogambo Guru

Jason Hommel of SilverStockReport.com sees how easy it is to get me to shut the hell up, and says that he predicts $40,000 an ounce! I scoot over towards Mr. Hommel and away from that piker Weiss and his lousy $1,000. With me fawning at his feet, I am entranced when he says, "And yet, this prediction of $40,000/oz. gold is conservative. It is important to note that these are not really true growth rates. They are actually decay rates. They show the dollar decaying. Gold's value cannot grow to infinity, but a dollar's value can decay away to nothing. So, I'm not saying that gold will have infinite value. I'm saying dollars will become worthless."


Well, I didn't once date a math major in college for nothing, and I am telling you that dividing gold by the zero worth of the dollar is, indeed, infinity on the old dollars-per-ounce scale. Or damned close to it!


And for this week's installment of "Don't forget about silver!" he says, "Silver will rise to about $8000/oz. You should start investing as early as possible, and you should not really care whether silver is $7/oz., or $9/oz. or even $25/oz."

[delkulara]

The last thing any wise person would wish for is gold to skyrocket that high.
Those figures are based on americas collapse.
A thing not on any wise persons wish list.

I dont get people like this.
If americas dollar fell to such a level,chaos would result.
This man better have his own personal army to protect him and his gold if his wishes come true.