Peter Schiff - Aren't We Going To Talk About Gold Today?

[GusBariga]

Peter Schiff the Gold bug!!

[Rhal95]

Cudos to Peter Schiff. But I think he is way too optimistic about the difference between Dems and Reps.

Right now, they are following the same script. And his biggest struggle will be when fellow Reps tell him to toe the line.

[theguvnorjimmy]

Buy Gold and Silver and double your money in a year!!!

[yushaos]

@theguvnorjimmy They are going up for sure. but don't think they are going to double. gold probably go up 20%, silver 35%

[theguvnorjimmy]

Tough to predict when and by how much. But my personal opinion is that Gold will be $1500 by the end of the year, and over $2000 in 2011. I guess it can even go higher. Wouldn't you agree?

[yushaos]

this figure is reasonable. it depends on when the currency crisis coming.

[theguvnorjimmy]

I can't wait to see what the bailouts will lead to. Along with government spending and unemployment etc. Do you own any gold?

[yushaos]

too bad i am a poor college kid. I already manage with no tuition debt and no asking money from family. I think i am pretty good already. :-) we are trying to buy some silver and small amount of gold. we can't afford much tho. We will keep saving and buying commodities until current crisis coming.

[theguvnorjimmy]

Good luck. I think there will be bigger gains in silver coming!