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Peter Schiff - $10,000/Ounce Gold Price Prediction

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Video Details

Duration: 6 minutes and 59 seconds
Country: United States
Language: English
Producer: mustwatch.eu
Director: http://www.youtube.com/watch?v=6HbPIAuWpko
Views: 195
Posted by: reformy.cz on Jul 24, 2010

Based on the current inflationary policies of the United States Peter Schiff had predicted a $5,000 dollar an ounce gold price sometime in the near future. Now that Europe has made it clear they will execute the same inflationary policies across the Euro Zone Peter now believes that $10,000 dollar/ounce gold price is not out of the question. As more people, governments, and institutions flee fiat currencies and seek the safety of precious metals, gold could very well see these unprecedented levels in it's price.

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