26.10.2012 - Think gold's pricey now? Wait until it hits $5000: Schiff
Runaway public spending combined with excessively loose monetary policy by the Federal Reserve and other global central banks will push gold to $5,000 per ounce within the next two years, noted investor Peter Schiff said Thursday. A longtime bullion bull, the head of Euro Pacific Capital told Futures Now in an interview that despite a recent retracement, “gold’s got only one direction to go, and that’s higher.”..............................................Full Article: Source
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