| Peter Schiff : buy Gold the demise of the Dollar is imminent |
| Saturday, 21 January 2012 21:25 |
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Peter Schiff is President and Chief Global Strategist of Euro Pacific Capital, a full service, registered broker-dealer, which specializes in foreign securities. The firm was founded in 1980, and has offices in New York City, Los Angeles, Westport, Conn., Newport Beach, Calif., Scottsdale, Ariz., and Palm Beach, Fla. Schiff is recognized for his knowledge of the foreign securities markets as well as the currency and gold markets. He has gathered international attention for accurately predicting the collapse of the housing and credit markets, the subprime crisis, and the increasing price of gold relative to the United States, source Peter Schiff : buy Gold the demise of the Dollar is imminent , gold is the real safe heaven "Obviously just look at it , look at the trend , Gold is over $1600 an ounce , the media always wants to focus on the attention on the fact that it is off the high , it is not at $1900 , but how often is a market at its absolute high ? it's not like markets don't correct , gold is off its record high by less than the Dow Jones yet nobody keeps pointing that out , when you look at the long term trend the most recent correction from the highs it does not violate any trend line " " I think gold is going much higher I think we are going to make new all time highs in 2012 and continue to move higher in 2013 - 2014 , it is a major major bull marker it got a long way to go and you have more naysayers than participants "..........read more
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