"So far I thought that we would get $5000 Gold ($10,000 according to Alf Field and double that according JS latest adjustments) as the result of a sustained period of hyperinflation. However, as things are developing we may not see any serious inflation over the next 6 months, so the period left for that hyperinflation to rage and send Gold to these high levels becomes very limited in this 64-months model."
We must not forget that it only took the Weimar Republic 4 years to hyper-inflate their currency into oblivion...and that was before the electronic printing press, where billions can be injected by a few simple key strokes. If we pin-point March '08 as the start date for massive monetary injection by the US FED Reserve, then an equivalent time line would be early 2012. The electronic printing presses may shave a year of that time line so JS may in fact have it right.