Reported 1 day ago
Peter Schiff, chief economist at Euro Pacific Asset Management, forecasts that gold prices could soar to $100,000 per ounce due to inflation and excessive money printing, highlighting a potential increase of over 3,700%. He emphasizes gold's historical role as a hedge against inflation and suggests investing in gold IRAs for tax advantages. Schiff believes that inflation is not over and anticipates it could spike back up to 9% by 2025, thus reinforcing the appeal of gold investments.
Source: YAHOO