Gold to Hit $2,500/ounce, S P to Low of 1,000?

Promoting Entrepreneurial Revolution

This is the latest feed from Newsmax.  David Tice, President of Tice Capital predicts gold price to go up to $2,500.00/ounce and  S P to low of l,000.  Gold is currently at $l,650 and S P at l,400.  The blame is on loose government spending and loose monetary policies, high inflation rate which send investors flocking to gold and precious metals.

The Fed initially to fight deflation after collapse of the credit markets, (2007 subprime mortgages) sgovt spent like there is no tomorrow on stimulus package.  The result is a weak dollar and inflation.

There is now a call for a gold standard (vs the fiat currency.  But it is kind of late.  China corners the gold, the precious metal.   There is no way that the currency in circulation and the size of the economy can be matched by gold.  China survived on a fiat monetary policy but simply exercised disciplined monetary policy, like requiring all gold producers to sell to China central bank all their produce.  China finances exporters who must pay back in hard currency, hence it was able to have  large hoard of foreign reserves.)

What are the opportunities in these events/

How can you make money?

How do you protect your investments?