Peter Schiff: Gold to $5,000 in Two Years - CNBC's Futures Rundown 10/25/2012
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Published on Oct 26, 2012
Euro Pacific Capital's Peter Schiff says it's time to buy the bullion bounce. Gold jumps off a key $1,700 level. So is there a super spike coming, with CNBC's Jackie DeAngelis and the Futures Now Traders, Rich Ilczyszyn at the CME and Anthony Grisanti at the Nymex.
October 25, 2012
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Video Responses
All Comments (12)
grant2225 6 months ago
all currencies have been devalued. The dollar and the euro are the worst
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sjbarney 6 months ago
Today I see gold falling below $1700 and silver dropping over $1. I believe they say it's because the dollar is strengthening. I know because of all the QE the dollar's value is diluted. But isn't that the same with all currencies and we are the strongest economy of all these fiat economies? I don't see PM's making these dramatic increases that Peter is predicting. Am I wrong, comments please?!
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Progamble 6 months ago
She's hot!
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notpcone 6 months ago
If gold hit's 5K can you imagine what AMMO will be??!!!
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ElixirLiquid1 6 months ago
let me guess.....you can't afford gold.
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Motoicon 6 months ago
Based on what? The voices in your head? Or do you actually have some intelligent information to support this claim?
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Julia Riber Pitt 6 months ago
SchittReport will get to this, I'm certain.
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CLeach13 6 months ago
@pirucreek I hope so, I want a bargain so I can buy more
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Fabian Gambino 6 months ago
lol in what time period? more like 2,000 in less than 12 months
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pirucreek 6 months ago
Gold is going to $1200 and there is nothing you can do about it.
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