Peter Schiff predicts DOW either 1400 or Gold $12,000 an ounce
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.
He's starting to remind me of Alstry.