Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199


Search Gold Prices
Gold Price
[Most Recent Quotes from]
Our RSS Feed

Gold Updates by Mail

Enter your email address:

Follow Us on Twitter
« What If Deflation Wins? | Main | The Asian Age of Transformation »

Why Murenbeeld Thinks Gold Will Hit $1,335

It seems hard to find someone who is bullish on gold prices these days but this economist thinks $1,335 gold may not be far-fetched. “One of the things that tend to be overlooked…is that the real interest rate in the U.S., particularly at the short end, is going to remain negative right through 2015,” he said. “Furthermore… you will have significant additions to global liquidity and that is one of the key factors in our models and our forecast [for gold].”

On this special 5-year interview with Dundee Capital Market’s Martin Murenbeeld, everything from QE4 to the U.S. dollar strength are covered.

He thinks the U.S. currency is overvalued and a fiscal policy initiative should be put in place to rectify the situation. “The reason that the dollar is fundamentally overvalued is if you look at the various external accounts of the United States,” he said. “Other countries are pushing the U.S. dollar higher because they want their currencies lower. I think that’s wrong, I think the U.S. should react to that.”

Tune in now to find out if he thinks another round of QE is in the cards for the U.S. economy and why he is more bullish about gold prices moving forward. Kitco News, October 16, 2014

To watch this short video please click here.


This has been a bumpy week all round but the main event this week is the words emanating from the Fed, what Janet Yellen says regarding the strength of the USD and interest rates is critical for all gold bugs. If interest rate rises remain on the cards and QE has ended then that will be a nail in gold's coffin driving it down to the $1000/oz level.

If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

Please remember to check your spam folder once you have subscribed to ensure that our verification email has not gone astray and you are getting our emails.

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>