Pete Schiff : “I’m probably more optimistic about gold at the beginning of 2012 than I have been in some time,”
“We are seeing all sorts of calls by people who have nothing to do with the investment business about how the gold bubble is ready to burst,” - in Yahoo TechTicker
PETER SCHIFF
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Well if it corrects even more... they might have a case, deflation might happen before hyperinflation kicks in... People may get over leveraged and liquidate their paper metal position slv,gld...wich will certainly drive the price down... It's the big money when sloshing around out there is what might drive the heard... And it will be out of fear as opposed to greed:))
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