peter d schiff

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    970 Posts.
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    23/12/08
    09:25
    Post #: 4631883
    Peter D Schiff
    I have just finished reading (The Little Book of Bull Moves in a Bear Market). Although he has got a lot of things right, and I might add that he wasn’t the first or only one to get it right. A lot of his theories in my opinion are based of H S Dent Jnr, and Robert Schiller. If you believe his predictions of Gold going to $5000 an ounce, you are all bigger fools than he. If every asset class is dropping in value, why wont Gold? Gold is only worth what some one is prepared to pay. Like equities when there has been a good run on stocks, after a while when the momentum slows, and suckers clear the greed from there eyes if falls. Gold will fall when equities rise in 2009.
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    lightbulb Created with Sketch.  Great analysis
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