Financial guru and star of the financial docudrama, “The Forecaster” Martin Armstrong of Armstrong Economics, returns to GoldSeek.com Radio, noting a major “Debt Crisis,” vis-a-vie the ever soaring $3.3 Trillion US budget this year, alone. “Gold should theoretically sell for $25,000 an ounce, given the monetary prolificacy since 1980.”
Armstrong warns of the potential for a domino effect of Pension Fund failures during a great financial “reset.” He sees another 1980’s like gold rally amid a “crisis in (financial) confidence.”