The global debt crisis could send gold up to $3,000 an ounce, says Ambrose Evans-Pritchard, international business editor of London’s Daily Telegraph.
Evans-Pritchard warned early on of the looming collapse in credit and the subsequent financial crisis and multiple global recessions. His entire interview will appear in the July issue of Financial Intelligence Report.
“I have always liked gold,” Evans-Pritchard told Newsmax.TV Money.
“I liked it a lot when it was $260 an ounce eight to nine years ago, but now it is over $1,200 an ounce.” (more)