Louise Yamada, an analyst known by PM investors for her conservative calls for gold and silver stated on CNBC’s Power Lunch that she sees gold currently approaching her next target of $2,000 an ounce, and shockingly called for $5,200 gold by 2018.
If a well balanced, mainstream respected, and conservative analyst such as Yamada is now publicly calling for $5,200 gold by 2018 (a level be believe will be far surpassed by 2018), the dollar is in SERIOUS TROUBLE going forward.
Full interview below:
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/live/s_silv.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/live/s_gold.gif)
I find it difficult to see any scenario where TPTB hold the financial system together for another seven years. I hope that will be the case.
20% increase a year for 6 years. This is not unreasonable given our inflation rate of about 8-9% by Shadow Stats. In reality this rampup of gold price would be quite slow when compared to the inflation, monetary printing and gold price increases in the last 5 years before the high in gold in 1980. That price increase went from $40 to $800 in the decade with the best of the rise from $100 to $800 in the last few years of the 1970′s. Bring it on Louise.
If that actually happens, this means that we are getting close to hyperinflation very fast. Gold at 1665$ to 5200$ in about 6 years and it’s a difference of 3535$? That’s way more than 570$ to 1665$ 6 years ago and it’s a difference of 1095$. Then what’s next? 5200$ to 15600$ in 12 years. Only during hyperinflation!
Until the corruption and price fixing in the gold and silver markets is exposed and stopped I don’t see it happening. Unless we see an economic collapse, then commodity prices will come unglued.