A currency crisis could drive gold to $10,000 an ounce

The Federal Reserve has rolled out unprecedented stimulus in a staggeringly short amount of time, which could result in a currency crisis that pushes goldto $10,000 an ounce. Daniel Oliver of Myrmikan Capital argued in a note this week that all that stimulus could end up doing very little for the working and middle class and small businesses.Q1 2020 hedge fund letters, conferences and moreDramatic Fed movesHe pointed out that when the Fed rolled out stimulus for the 2008 financial crisis, the actions were taken over the course of 18 months. However, this time around, the central bank pushed ou…

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