{"id":51118,"date":"2020-02-12T17:46:24","date_gmt":"2020-02-12T22:46:24","guid":{"rendered":"https:\/\/olduvai.ca\/?p=51118"},"modified":"2020-02-12T17:46:26","modified_gmt":"2020-02-12T22:46:26","slug":"peter-schiff-on-the-ultimate-gold-panel","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=51118","title":{"rendered":"Peter Schiff on the Ultimate Gold Panel"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/schiffgold.com\/videos\/peter-schiff-on-the-ultimate-gold-panel\/\">Peter Schiff on the Ultimate Gold Panel<\/a><\/h3>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/1mo0o3e03f7c59k045fwasgb-wpengine.netdna-ssl.com\/wp-content\/uploads\/2020\/02\/peter-gold-panel.png\"><img decoding=\"async\" src=\"https:\/\/1mo0o3e03f7c59k045fwasgb-wpengine.netdna-ssl.com\/wp-content\/uploads\/2020\/02\/peter-gold-panel-1024x573.png\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<p>During the Vancouver Resource Investment Conference, Peter Schiff joined Frank Holmes (US Global), Rick Rule (Sprott US), and Grant Williams (Vulpes Investment Management) on the \u201cUltimate Gold Panel. Daniela Cambone moderated the discussion.<\/p>\n\n\n\n<p><a href=\"https:\/\/schiffgold.com\/buy\/gold\/\">Gold<\/a>&nbsp;charted&nbsp;<a href=\"https:\/\/schiffgold.com\/key-gold-news\/gold-has-best-year-since-2010\/\">its best year since 2010<\/a>&nbsp;last year. The price increased by 18.4% in dollar terms. The yellow metal also reached record highs in every G10 currency except the dollar and the Swiss franc. Can this bull-run can continue into 2020?<\/p>\n\n\n\n<p>Peter noted that he was on a gold panel the year before and he was the only person who thought gold was going to go up. Many were predicting the yellow metal would fall back to $1,000.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>I thought that was very improbable. And now you\u2019re throwing around could it go back down to $1,300. Look, it\u2019s possible, but I think it\u2019s highly improbable that that\u2019s going to happen. If gold is broken out and 1,350 was a six-year high that capped every rally, I think we took it out, we\u2019ve never looked back ever since. We now seem to be building support around 1,550, or just under 1,550, which was the high before we had a pullback to around what? 1,450. So, the market looks very strong to me. So, while it\u2019s possible that we could get that large decline, I wouldn\u2019t want to hope for it or bet on it. I think that there\u2019s a lot more upside potential and I think the number that Dalio is talking about, 2,000, not only is that very probable, but depending on the outcome of this election, we could go much higher. I mean, if Bernie Sanders were to be elected president, just imagine what would happen to the price of gold. The very night the results came in.\u201d<\/p><\/blockquote>\n\n\n\n<figure><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/rvEo78PKxWI\" width=\"560\" height=\"315\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/figure>\n\n\n\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peter Schiff on the Ultimate Gold Panel During the Vancouver Resource Investment Conference, Peter Schiff joined Frank Holmes (US Global), Rick Rule (Sprott US), and Grant Williams (Vulpes Investment Management) on the \u201cUltimate Gold Panel. Daniela Cambone moderated the discussion. Gold&nbsp;charted&nbsp;its best year since 2010&nbsp;last year. The price increased by 18.4% in dollar terms. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[963,647,21879,18258],"class_list":["post-51118","post","type-post","status-publish","format-standard","hentry","category-economics","tag-peter-schiff","tag-precious-metals","tag-schiff-gold","tag-vancouver-resource-investment-conference"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/51118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51118"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/51118\/revisions"}],"predecessor-version":[{"id":51119,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/51118\/revisions\/51119"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}