Gold Price Forecast For 2012 – Peter Schiff
Gold Price Forecast 2012
Gold Price Outlook 2012
Peter Schiff is an American investment broker, author and financial commentator. Schiff is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut and CEO of Euro Pacific Precious Metals, LLC, a gold and silver dealer based in New York City.
Gold Could Reach $2,000 in Six Months
Spot Gold Price Could Reach $2,000 in Six Months
Tony Hall, chief investment officer of Duet Commodities Fund Ltd., discusses the outlook for gold and copper. He speaks with Francine Lacqua on Bloomberg Television’s “On the Move.”
Gold Spot Price Forecast
Gold spot price forecast
Gold bars
As I’m writing this the New York spot price of gold is $1773 down so far for the day by $39 an ounce. So, in the light of this large decline, some may be thinking that the phenomenal rise in the gold price has finally come to an end. Well, I’m not one of them.
Personally, I think with the European crisis still unresolved and many in the know financial experts predicting that Greece is going to have to default, and our own government’s continuing to push for new stimulus, the spot price of gold at least to me seems certain to go over $2000 an ounce perhaps as soon as the end of the year. Read more 
Spot Gold Price & U.S. Dollar Collapse
Interesting outlook for gold and silver and the U.S. economy. This may seem like a far out possibility, but back in 2005 when I wrote a article about the coming real estate bust, I was called a ‘bubble head’, and now a number of San Diego condominium communities have seen 50% drops in value from their 2005 highs. San Diego single family homes are off on average about 30% for the same period!
Keep these facts in mind when viewing this video:
Gold Price Outlook for 2011
Gold Nuggets
For those who know stock market history, you will recall the DJIA experienced a bear market period from 1966 to 1982. Then there was a speculative secular bull market through 2000, during which time the mutual fund industry as well as the buy-and-hold mantra came into their own.
Perhaps the most important point is that since 1906, secular bear market cycles in the U.S. have lasted an average of 14.6 years. Therefore, given the fact that the current secular bear is just 10.8 years old, the stock bears (as well as the gold bulls) may still have some time left on the clock.
So, while we can’t say that gold is going to $4500 with a straight face, we do indeed see the reasons why investors might want to continue to own some of the yellow metal in their portfolios for 2011.
The mainstream media could not say 1000$ gold up until a week before it happened, or 1400$ gold now. The great thing about gold is that you are betting on the continued folly of government, and the continued pillaging of the economy by bankers. And if you want to really get your feet wet with gold, pick up some real gold nuggets.
