Ron Paul: Gold Prices Could Hit $10,000 (Video)

by BMG Admin on June 20, 2011

Presidential candidate and Congressman Ron Paul tells Alix Steel, of the Street, that a gold standard will become a reality when the current system fails and it’s in the process of failing.

Paul believes the Fed will eventually lose control of the massive monetary inflation we are seeing and it will destroy the value of money. He thinks the Fed will eventually lose control and we will see gold at $5,000 or $10,000 an ounce.

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