Friday, August 19, 2011

Peter Schiff: No ceiling for gold prices

Peter Schiff interview on Russia Today on the 19th of August 2011 about the Gold market, explaining why it is not a bubble (Gold mining companies shares are only 10% higher than when gold topped at 1000 in March 2008) , that he cannot put a floor on the price of currencies (and no ceiling on the price of gold) and that the bubble is instead in US treasuries.


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