Peter Schiff - Gold Heading to $1000 and Higher Soon - 5-26-09

[JiveDadson]

Midnight Nov 9, 2010 - gold $1412. But silver is being squeezed through the roof. $28.06 - up 55% in ten weeks.

[bonfirejovi]

lol at $1300 these dunces are still making excuses.

[hanvo216]

This guy knows what he is talking about. today gold is about 1200 an oz

[aviomaster]

cj29pug --- GOLD is going up ,,, compared to almost all major world currencies.

[Noisycowonline]

I should say that silver is a better investment than gold. Research it yourself.

[danpt2000]

with such high price of gold, how can we be sure gold vs USD will continue to rise? I think u r right, Silver is at $15 / ounce, while Gold is close to $1200 / ounce.

[residentzombie]

@danpt2000 Gold increases in dollars because dollars decrease in purchasing power due to an increase in money supply. Inflation generally takes 6 months to 2 years for the full impact of it to be felt by consumers. It also helps for a bit that recessions are deflationary environments. In the next 2 years prices could almost double.

[residentzombie]

@danpt2000 Gold is now $1,320 / ounce and silver is now at $22 / ounce. I hope that 7 months ago when you posted this you took the time to learn about fiat currency and what causes inflation.

[Noisycowonline]

I think he means coins or bars. The smallest form you can get it in at a reasonable cost is the best recommendation. Small pieces will be easier to barter.

[silvergold73]

gold eagles are bullion

[gus19668]

what is better to buy eagle coins gold or gold bullion ???