No Way Out of This Enormous Debt Except Hyperinflation

Nick Barisheff – No Way Out of This Enormous Debt Except Hyperinflation

SBTV spoke with Nick Barisheff, founder and president of BMG Group Inc., about his $10,000 gold forecast and why the US debt is sending the country towards hyperinflation.

Discussed in this interview:
00:00 Introduction
01:53 Hyperinflation
05:02 Asian Bretton Woods
06:18 China’s ‘hidden’ gold
11:47 Silver is price inelastic
16:57 Wait out the storm in gold
18:42 Problems with ETFs
22:25 $10,000 gold forecast
25:50 Flight into bullion