Charles Nenner updates on gold

If you recall Charles Nenner, who predicts $2000/ounce gold at the end of this year, here’s another update.

He says the gold price has bottomed. He is out of stocks and in cash.

If his prediction is right, we need to see a huge increase in gold price in this quarter.

https://youtube.googleapis.com/v/wMQga5BdP2w&source=uds

Charles Nenner predicts $2000 gold in 2014

Charles Nenner predicts that we will see a gold price higher than $2000/ounce in 2014. I am very sceptical about this call, to say the least… He is also completely out of stocks and says the U.S. dollar is going to collapse at the end of 2014. Hyperinflation will come around 2016.

Ok, we’ll see, let’s bookmark this call.