May 26, 2010

What Is Surprising Is That Gold Is Still As Low As It Is

One investor who has been a long-time gold bull is Peter Schiff, the President and Chief Global Strategist for Euro Pacific Capital. In a recent interview, Schiff stated that “What’s surprising is that gold is still as low as it is,” and reiterated his prediction that the gold price will reach 5,000 dollars to 10,000 dollars per ounce within 5 to 10 years.

in Gold Alert

Related ETF`s: SPDR Gold Trust (ETF) (Public, NYSE:GLD) and Market Vectors Gold Miners ETF (Public, NYSE:GDX)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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