Peter Schiff: Gold is still going to $5,000

Source: CNBC

Print Friendly, PDF & Email

What's been said:

Discussions found on the web:
  1. BennyProfane commented on Dec 23

    One of 5000 reasons not to watch CNBC. That was painful.

  2. VennData commented on Dec 23

    Reality TV is an ugly thing. People always watched TV to escape. I blame the Kardashians.

    • StatArb commented on Dec 25

      Peter Schiff = Venn Data of finance

  3. catman commented on Dec 23

    On a personal note wouldn’t a likeness on a flexible stand make a nice punching bag?

  4. spencer commented on Dec 23

    Years ago I did a study of the long run supply and demand for gold. The study concluded that over the long run demand would tend to outpace supply growth. Given what we know about the elasticizes involved it suggested that over the long run the real price of gold would have to rise some 3% to 5% annually.

    • Iamthe50percent commented on Dec 23

      Doesn’t the long run real price of everything rise an average 3% to 5% annually?

  5. ComradeAnon commented on Dec 23

    Proving again that the “C” stands for Comedy.

  6. DeDude commented on Dec 23

    Yes eventually – maybe not this century, but eventually it will get there.

Posted Under