Peter Scfiff of Europacific Capital on China Gold Silver and US bonds Fox Business News
Tags : gold silver forex fx currencies dollar Marc Faber Peter Schiff Ron Paul glenn beck obama CNN FOX CNBC Bloomberg aljazeera gerald celente warren buffett marc faber jim rogers max keiser lou dobbs bob chapman alex jones david icke economy collapse stock market wall street
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Peter Schiff predicts that one ounce of gold will buy the Dow. In other words, if the Dow was to fall to $950, then gold will be at $950. If the Dow is to fall to $2000, then gold will be at $2000. The dollar denominated value isn’t important, it’s the ratio that is important.
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