Link below to a 36 min. video of Jim Sinclair on the markets and PMs (apologize if already posted, if so I missed it). Topics become more directed to $Gold in particular at 19:50. Sinclair says $Gold to $50,000/oz. and won't come down materially from there. Also says $Silver will outperform $Gold by two to five times, but then may come back down from its peak. Unfortunately, interviewer Hunter did not ask Sinclair what $50,000 will buy in the post-deflation CB hyperinflated world. IMO, if just a loaf of bread, then $Gold will not have worked as a life preserver. The key aspect is not what $Gold will be worth in $USDollars, but what will be its relative worth in regards to other tangibles such as food, medicine, energy, real estate, etc. as compared to now.
Note that Sinclair, Rickards, Faber, Paul and others are saying much the same thing, but not as, say, Nobel Prize winner Krugman and other Keynesians. So who do you trust?