"gold would have to hit $7,150 to be the equivalent of the 1980 record" John Williams
"...how in God's name is the US going to pay off trillions in debt? By raising taxes? Impossible. They could renege on the debt like Argentina - unthinkable. But there is a way - they'll try to minimize the importance of the debt with a cheaper devalued dollar. That's the time-honored US way, but loyal Americans don't believe it. If they did, gold would be selling at $4000 an ounce." Dow Theory Letters
