Nick Barisheff is an investment pro with a 30 year track record. He manages more than $500 million in physical gold, silver and platinum. He has a new book coming out titled “$10,000 Gold: Why Gold’s Inevitable Rise is the Investor’s Safe Haven.” You think that is an overly bullish prediction? Not if there is hyperinflation. Barisheff says, “If we get into hyperinflation, $10,000 will be a conservative estimate.” How likely is hyperinflation? According to Mr. Barisheff, “There’s never been a fiat currency that didn’t end in hyperinflation and then complete collapse, not one in all of history.” He expects gold to hit “$1,900 an ounce by the year end.”
Gold prices will rise with U.S. debt levels, and they are skyrocketing. Barisheff says, “If you plot a chart, the price of gold compared to the U.S. debt is almost a perfect correlation.” Join Greg Hunter as he goes One-on-One with the CEO of Bullion Management Group, Nick Barisheff.
Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.