Hinde Capital: “One of These Days I Think Gold Will Go To $5000—But When It Does, Nobody Will Own It”
by Tekoa Da Silva, Bull Market Thinking:
I had the chance this week to connect with Mark Mahaffey, co-founder and CFO of the London-based Hinde Capital, manager of the physically-backed and allocated, Hinde Gold Fund. The Hinde Gold Fund has been one of the world’s top performing gold funds, even amidst the shocking metals correction over the last week.
During this fascinating interview, Mark indicated that despite deflationary sentiment creeping into commodity markets, within two years, we could see a hyper-inflationary ”tipping point”, accompanied by catastrophic rises in interest rates, market failures, and shocking government confiscations.
In a recent written piece Mark likened central bank money printing to, “The children’s game “Buckaroo”…[which] involves gradually adding weights to a spring loaded donkey before it bucks and everything falls off—the proverbial binary tipping point.”
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2013-04-18 16:00:12
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