Dr. Thomas Kaplan, CEO of NovaGold, warns the dollar will collapse against gold, “the one currency that does not represent anyone else’s sovereignty.” He calls fiat money flawed and labels the U.S. dollar “double-ply toilet tissue.” Despite recent price gains, Kaplan sees gold as just starting a major bull run, calling $3,000 gold “a complete gift.” Rising demand for physical gold, he says, could trigger a massive supply squeeze and price surge.
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