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February 2011

Recs

20

Peter Schiff predicts DOW either 1400 or Gold $12,000 an ounce

February 28, 2011 – Comments (35)

Just caught Fast Money right now and Peter Schiff happened to be on.  While I was with him a little bit about the concerns over commodity prices, dollar and future inflation, he then has to go and make a wacky prediction. He predicts that within 1-3 years the DOW will be worth 1 ounce of gold.  So, as of this moment DOW will hit 1400ish, or gold $12,000ish an ounce.  [more]

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