Comments on: Peter Schiff: Gold to $5,000 http://wallstreetpit.com/12605-peter-schiff-gold-to-5000 Tue, 22 May 2012 19:21:52 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: humALIEN http://wallstreetpit.com/12605-peter-schiff-gold-to-5000#comment-95904 humALIEN Mon, 18 Jan 2010 02:19:14 +0000 http://wallstreetpit.com/?p=12605#comment-95904 Aint Going TO 5000 .. not this year.. maybe in the future.. you just don't know. Aint Going TO 5000 .. not this year.. maybe in the future.. you just don’t know.

]]> By: Neal Vanderstelt http://wallstreetpit.com/12605-peter-schiff-gold-to-5000#comment-89060 Neal Vanderstelt Fri, 25 Dec 2009 06:07:21 +0000 http://wallstreetpit.com/?p=12605#comment-89060 Wow gold at $5000? that would be a disaster. Wow gold at $5000? that would be a disaster.

]]> By: obiwankandoobie http://wallstreetpit.com/12605-peter-schiff-gold-to-5000#comment-85504 obiwankandoobie Tue, 08 Dec 2009 07:43:34 +0000 http://wallstreetpit.com/?p=12605#comment-85504 ,,,Can you see when Bernanke will stop printing money ??? if you can't see that, sooner or later you will see $5,000.00 gold. and it will not be a pretty site. Most likely sooner. ,,,Can you see when Bernanke will stop printing money ??? if you can’t see that, sooner or later you will see $5,000.00 gold. and it will not be a pretty site.

Most likely sooner.

]]> By: Dennis http://wallstreetpit.com/12605-peter-schiff-gold-to-5000#comment-85268 Dennis Mon, 07 Dec 2009 04:07:49 +0000 http://wallstreetpit.com/?p=12605#comment-85268 This is the best of times. We are printing scads of money, and gold is dropping. Our employment layoffs are down, and everybody is getting back to work with a good service job at Walmart and McDonalds to replace their $60,000.00 job! I am sure the price fixers want gold back at $200, but it seems there are 7 pages of mortgage foreclosures in Lakeville MN for this week. So the dollar index is up. Everything is fixed. So spend spend! Can anyone say "rigged dice?" As long as the employers offshore/outsource, and the politicians deregulate, and we bring in worthless Chinese junk it can't get better. This is the best of times. We are printing scads of money, and gold is dropping.
Our employment layoffs are down, and everybody is getting back to work with a good service job at Walmart and McDonalds to replace their $60,000.00 job! I am sure the price fixers want gold back at $200, but it seems there are 7 pages of mortgage foreclosures in Lakeville MN for this week.
So the dollar index is up. Everything is fixed. So spend spend!

Can anyone say “rigged dice?”

As long as the employers offshore/outsource, and the politicians deregulate,
and we bring in worthless Chinese junk it can’t get better.

]]> By: John Smith http://wallstreetpit.com/12605-peter-schiff-gold-to-5000#comment-84397 John Smith Wed, 02 Dec 2009 20:26:02 +0000 http://wallstreetpit.com/?p=12605#comment-84397 I just don't see how gold will not hit 5000 per troy ounce. The liabilities of the governments is going through the roof. There is just not enough young people in advanced economies to support all the old people. In 10 years the USA baby boomer population , for example, will be mostly retired and with that 2 working adults will have to support 1 retired person. In Japan is even worse and most of Europe is also in the same shoes. The economics of that is impossible to predict. With the current down turn in the economy net immigration will also slow. Who would want to move to the USA if you can't find work. So less working people who pay taxes more older people who are using savings and entitlement programs not a very encouraging out look for monetary policy around the planet. I just don’t see how gold will not hit 5000 per troy ounce. The liabilities of the governments is going through the roof. There is just not enough young people in advanced economies to support all the old people. In 10 years the USA baby boomer population , for example, will be mostly retired and with that 2 working adults will have to support 1 retired person. In Japan is even worse and most of Europe is also in the same shoes. The economics of that is impossible to predict. With the current down turn in the economy net immigration will also slow. Who would want to move to the USA if you can’t find work.

So less working people who pay taxes more older people who are using savings and entitlement programs not a very encouraging out look for monetary policy around the planet.

]]>