“Prepare For Gold’s Price To Only Go Up From Here” - Peter Schiff

Peter Schiff has spoken, oh and he smacks down on bitcoin as well! I heard gold went up to $1800 today and many are saying rah, rah, rah, let's buy more! How high will it go this time? What you thinking, any thoughts from any holders of gold?!!! I'll buy at these prices but I gotta get some cash first! What about you, are you out at today's prices, or will you still buy??

 

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I have to bite my tongue and not say what I want to say. No matter what it can be considered political so I’ll just say take a good long look at what is taking place today and decide for yourself.

Not trying to be nasty, just biting my tongue.

 

Buying

 

I am going to hold you to that

 

To each their own. Regardless of the price, I will continue to buy/trade for Gold, and dollar-cost-averaging hasn't failed me yet in my 70+ years of acquiring.

It now is more difficult to acquire the coins I'd like which were available in the past, but coins are acquired regularly.

I personally don't see an option for retention of my estate value other than coins. My cash, etc. security is seemingly constantly being diminished by others.

JMHO

 

well, it dropped this AM, pre-market:

3:57 AM PDT gold price for October 15, 2021:
Gold $1782.06/oz -14.32

 

Not surprised at all, we all knew it was gonna go down just a matter of when it would happen!

 

A couple of the silver mining stocks are starting to increase, as perhaps a shift from the short to longer term. Jim

 

Actually, I only stopped buying the last quarter of 2020 but this year I've been buying for my collection only and that's only small gold pieces that I'm not buying to flip.

 

Has Mr. Schiff ever said now is a bad time to buy silver or gold? Does he willingly trade his gold and silver for worthless dollars?

 

If I could only tell the future I would be
a billionaire….LOL

 

the sky is always falling in goldbug land

 

I’ve said it before, I’ll say it now and I know I’ll say it again in the future. Gold along with all the other pm’s goes up and it goes down. Yesterday it was up, it even cleared $1800 for a short time. Lots of positive talk. Today it’s down, almost $28.00. My crystal ball told me so.

 

Know when to say when…LOL