Peter Schiff predicts gold will hit $5,000 within 2 years. He’s quoted saying "gold's got only one direction to go, and that's higher."
http://finance.yahoo.com/news/think-golds-pricey-wait-until-203639532.html
When pundits state that a market can only go one direction, that’s time to take a position the other way. I agree with Schiff when he said, "We're going to have a real crisis of confidence." But I believe that crisis will be deflation.
Gold Falls to Six-Week Low on Draghi Deflation Warning
http://www.bloomberg.com/news/2012-10-24/gold-rebounds-as-biggest-drop-in-three-months-boosts-purchases.html
- Forums
- Commodities
- $5,000 gold
Peter Schiff predicts gold will hit $5,000 within 2 years. He’s...
-
- There are more pages in this discussion • 196 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online