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Gold prices have struck all-time highs, however sector heavyweights Jim Rickards, very popular writer, and also Peter Schiff, Chief Executive Officer of Euro Pacific Resources, both believe that the rally is far from over.
Rickards' analysis provides a five-year gold price target of $15,000 an ounce. Schiff, too, sees this as just the begin of the bull cycle, adding that an unavoidable U.S. buck collapse will certainly be a significant stimulant in sending out gold prices a lot higher.
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$15,000 gold price? Jim Rickards and Peter Schiff give forecasts (Part 1/3)
Gold prices have hit all-time highs, but industry heavyweights Jim Rickards, best-selling author, and Peter Schiff, CEO of Euro Pacific Capital, both think that the rally is far from over.
Rickards’ analysis gives a five-year gold price target of $15,000 an ounce. Schiff, too, sees this as just the start of the bull cycle, adding that an imminent U.S. dollar collapse will be a major catalyst in sending gold prices much higher.
__________________________________________________________________
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