By Lorimer Wilson, editor of munKNEE.com – Your Key To Making Money! What precious-metals expert Jim Sinclair has to say. Sinclair explains, “The effect of the coronavirus was literally to shut down business globally, therefore, shut off the demand for loans, which also shut off demand for […] Renowned gold expert Jim Sinclair stands by his prediction last year of an eventual gold price of $50,000 per ounce. I believe this is … With gold retaining its value through the years despite the failure and success of currencies, it is best to invest in gold as savings and to use fiat money in transactions only. . 1. Bill Holter has done the math and says it simply must go much higher. . With the Federal debt ceiling issue, it is time to shift from the dollar to gold. This fact makes Sinclair’s prediction of $50,000 per ounce gold a few years ago look conservative. ... Jim Sinclair made an incredibly bold prediction. This fact makes Sinclair’s prediction of $50,000 per ounce gold a few years ago look conservative. . Bill Holter has done the math and says it simply must go much higher. Below is a revised list of their names and stated rationale for each of their forecasts. He founded the Sinclair Group of Companies (1977), which offered full brokerage services in stocks, bonds, and other investment vehicles until they were sold in 1983. I know it's easy for these guys to make predictions, but is this the highest predictions we've seen so far? GoldenEye , Jul 11, 2019 . Bill Holter has done the math and says it simply must go much higher. By Greg Hunter’s USAWatchdog.com (Early Sunday Release) Legendary gold and market expert Jim Sinclair says the virus that originated in China may have, oddly enough, done some good. Gold,” is a precious metals specialist and a commodities and foreign currency trader. The individual who knows gold better than anyone living today is Mr Gold, Jim Sinclair. Before you start investing in physical assets, consider Jim Sinclair’s predictions. This fact makes Sinclair’s prediction of $50,000 per ounce gold a few years ago look conservative. The general mood becomes bearish, driven by the price of the metals, the awful performance of the gold shares and negative outlook He has accurately predicted the gold market for 1/2 century. Bill Holter & Jim Sinclair, Gold $87,000 per ounce at Least. Sinclair contends, “We are facing the annihilation of currency. Sinclair explains, “You have to understand we are going into unprecedented deflation, and it’s the reaction of central banks around the world to the concept of deflation that brings about hyperinflation. $50,000+ Gold. It indicates that gold holders and investors get too nervous about the long consolidation period. Jim Sinclair commented in the past days more than he is used to. 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