Don't know about $5000 but I wouldn't be dismissing Peter Schiff.
I love watching the you tube video 'Peter Schiff was right'. He got the 2008 crisis and beyond almost perfect despite other experts literally laughing at him. Property and share prices.
I think most people understand that the whole monetary system is being held together by promises from government and band aids. It needs confidence and that slips with each QE.
IF (and it is a big if) confidence is lost,, gold will boom.
