Peter Schiff, more bullish than ever, sees gold headed to $5,000 an oz.

[phonetic lee]

How long must one wait for a prediction to be considered a success or failure?

Peter was wrong. He specified the parameters and he missed spectacularly.

I may be delusional, but I'm quite comfortable following his general recommendations now, despite the poor track record. Because the ponzi scheme remains both intact and unsustainable.

 

[Madison320]

Reading the comments you would think that all Schiff ever does is mindlessly talk about gold hitting 5,000 an ounce.

Remember, if you're a Peter Schiff hater you're probably a Ron Paul hater since the two have very similar views.

By the way, interest rates are still at 0%. The "experts" have been predicting a rise in rates for years. Neither side can claim victory.

 

[NACBA]

Reading the comments you would think that all Schiff ever does is mindlessly talk about gold hitting 5,000 an ounce.

Remember, if you're a Peter Schiff hater you're probably a Ron Paul hater since the two have very similar views.

LOL "probably" being the key word

 

[dannno]

LOL "probably" being the key word

Ron Paul says gold is going to infinity:




Makes Peter Schiff pretty conservative.

 

[helmuth_hubener]

Of course, gold may one day go up to $5000, $10,000 or who knows how high if there's hyperinflation but that's not an "investment strategy", it's more like "economic disaster strategy" & in that sense, Schiff is just going to be like a broken clock being right twice a day!

Being prepared for economic disasters is in fact a very sound investment strategy, seeing as how they happen quite frequently.

And often when they are least expected.

 

[NACBA]

It's getting SOOOO close