Thursday, June 23, 2011

Peter Schiff - US Set to Default, Silver Headed to $200 [June 22, 2011 Kingworldnews.com]

When asked about gold and silver in that environment Schiff replied, “They’ll go straight up.  That’s why you want to buy your gold and silver before that atmosphere.”

Regarding silver specifically Schiff had this to say, “I think anything in the low $30’s represents a pretty good entry point for people to buy...Once we go through $50...I see silver going to $200 an ounce.  I own a lot of silver personally because of that outlook.”

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