Can Gold Hit $2,000?
"Inflation adjusted, going back to 1980 prices, gold today should be over $2,300 an ounce, so making the statement that gold could go to $2,000 is not irrational," Frank Holmes, CEO of U.S. Global Investors told CNBC.
Holmes notes that most commodities have gone through their "inflation-adjusted 1980price levels," with the notable exception of gold. Holmes later discusses the US dollar, financials, stock markets, energy, etc. (click start button twice)