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

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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[atchisrj1]

These guys were so wrong and Peter was right!

[suesmovies]

well... it is at 1600 now so :P he is probably right :)

[dPain261]

Who keeps coughing? Jeeze that is annoying! Take a freaking lozenge or drink some water before you go on the god damn air!

[dPain261]

Everyone is talking about gold, well good keep blapping!

While I am stacking my silver in the bushes, waiting to pounce.

Once silver goes mainstream it will explode.

[nickisacebeans]

I think I will buy some more silver this weekend, yes.

[Atemaatra]

@stormspottter $625 at a silver/gold 16:1 ratio

[stormspottter]

If gold were to reach $10K, where will silver be?

[evangrogers]

did anyone else notice how, at 3:52, the talking heads look like Power Rangers?

There's the pink one, the white one, the yellow one and the blue one.

[fntime]

@123ableTHERollyboy Sounds like a scam to me!

[123ableTHERollyboy]

I know a website that offers a secret code that produces 90% success ratio on gold trading. Go check them out, just google Gold Trading Academy and make as much money as you want.

[pretorious700]

holy christ, these idiots are still talking up the dollar. amazing

[pretorious700]

silver will eventually outstrip gold because it is more scarce now