“You will see that you will go to sleep at night, and you will wake up the next morning and see gold bidding at $3,000 per ounce, and there will be no offer, and it will rise by $500 a day. It will come in 2014. They are running out, they don’t have it.”

The following is an excellent interview by Greg Hunter with Harvey Organ. It was published last week, but I wanted to bring it to your attention if you have yet to read it. I believe Harvey is correct about what will occur, but perhaps a little naive to predict it will occur so soon. If we have learned anything from the current gold bull market, it is that we can predict what will happen with a reasonable level of accuracy, but not when it will happen.

Furthermore, the old Keynesian axiom that markets can remain irrational longer than you can remain solvent applies here. While it makes perfect sense that these things should occur soon and PM prices should revalue significantly higher, I am not holding my breath that it will happen in the next few months. Either way, this is an insightful analysis of what is likely to occur at some point in the future, as price discovery moves from West to East and China/Russia respond in like to the economic warfare that is currently being waged against them. I agree with Harvey that it will happen overnight and leave most investors with little time to jump onboard. This is why I believe it is important to stock up now, while prices are at rock bottom prices and most investors remain bearish. But when the herd is selling and sell when the herd is buying.