Rene Cohrt

Keeping an Eye on the Dollar, Gold

Bear or bull is difficult to decide, conscerning gold. The solution of the currency and liquidity situation as presented in this crisis demand something dramatic to liquidate debt. The solution could be an allround devaluation of currencies around 90 % and a fixed goldprice at a least 10000 US-dollars per ounce even without reestablishing a new gold-standard system, but a reformed Bretton-Wood system.