Quote:
Originally Posted by evilnewbie
Gold is too high to jump in right now... he isn't saying jump in gold at "any" price... but at the right price which happens to be whenever he told you to jump (and its up 30% now)... he won't be telling you to jump now cause its at a point to not jump in... I think people have to use some common sense... yes, gold is better to go into right now... but you have to do it at the RIGHT time... Peter was dead on with the right time and I guarantee you, with gold at $1k now, he is telling you NOT to jump in... you profitted already, you win if you listened to Peter... now is a good time to sell..
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Actually, Peter Schiff is saying to buy gold
now while it is still "cheap". Schiff thinks gold is going a lot higher. He says that the DOW / Gold ratio will reach 1:1 at some point in the future. If that happens, we could have gold as high as four or five thousand an ounce. I realize it sounds crazy, but everything is a little crazy right now.