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November 22, 2012

Gold Will Ultimately Eclipse $5,000

It’s hard to put a timetable on it, but I do believe that gold will ultimately eclipse $5,000. I don’t know how high it will go, because there’s no ceiling on how low currencies can go. - in MoneyNews

Related: SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG)

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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