How to Play Schiff’s $5,000 Gold Prediction

Peter Schiff is a household name in the investing world, as he is well-known for his bold statements on the global economy and where he thinks markets are headed next. Schiff is vehemently opposed to stimulus packages as well as the massive deficit that seems to only grow by the day in the states. As such, Schiff was recently quoted as predicting gold to hit $5,000/ounce, a massive increase from its current levels. Though he was unable to quote a specific time frame for when gold will see this rapid jump, he has sound reasoning behind his theory on this precious metal [see also Four Commodities To Buy Before Roubini’s “Perfect Storm” ]. See the full story here → Related Posts: Why Buffett is Dead Wrong on Gold Precious Metals Roundup: Gold Leads, Silver Lags 50 Ways To Invest In Gold The Ultimate Guide To Gold Investing Soros Sells Gold ETFs, Bad News For Precious Metal Investors?