I am not as bold as Peter in predicting Gold price, but I think there is a good chance that gold price will go even higher than today, either because we will have a surge in consumer price inflation when the economy snaps back quickly, or we’ll have an asset bubble, most likely in all kinds of commodities, even when the economy still remains slack. The latter is a more likely scenario.
Home » Uncategorized » Peter Schiff: Gold could hit $5,000
Search within blog:
Most Popular
- Bhagwati: Why Doha Round failed
- Put dollar depreciation in historical perspective
- Are you ready for QE3?
- Inflation and stock market
- World Bank reforms voting power structure
- China’s banks – a drag on rebalancing
- US 10-year Treasury Yield at 220-year Low
- Ten years after dot.com bubble
- The exodus of Chinese rich
Tag Cloud
asset bubble
auto
banking
bubble
business cycle
China
commodities
contagion
crisis
Currency
debt
debt crisis
deflation
economics
Economy
emerging markets
EU
euro
Europe
exchange rate
Fed
forecasting
FX
gold
Great Deleveraging
growth
history
Housing
housing bubble
Inflation
interview
Investing
investment
Japan
labor market
Monetary policy
Real estate
Recession
recovery
technology
Unemployment
United States
video
Wall Street
Yuan