This Expert Sees Gold Prices Passing 10k/Oz. If Investors Panic

Gold prices have been under pressure lately but still showing signs of life as they brush off the latest economic data. Investors are betting against the yellow metal in mass, but time may be running out for the shorts, depending on how quickly things change. Daniel Oliver of Myrmikan Research, who writes extensively about credit bubbles and economic cycles, tells ValueWalk that he sees gold prices heading north of $10,000 an ounce.

History repeats itself... over and over again

In his August update, Oliver highlighted the many bailouts the U.S. government has had a hand in over the decades. He noted the credit...