Gold Price Headed a Lot Higher - Is Peter Schiff as Bullish as Ever?

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Last month Peter Schiff appeared on RT to discuss safe-haven assets and their place in the world today. In the interview with Peter Schiff, gold was the main focus, which Schiff defended very firmly. According to Peter Schiff, gold stocks are important to have at all times.

A recent report issued by the World Gold Council stated that the yellow metal still has room to go higher and the gold price will continue to climb. But as per Peter Schiff, gold 2020 prices are bound to exceed the expectations of the WGC. After that, the world-famous gold investor went on to say that he views the yellow metal as an alternative to cash and not an investment.

So as far as investing goes in the opinion of Peter Schiff, gold mining stocks are the smart choice. As gold prices continue to grow, investing in gold miners is becoming more and more attractive. And in the interview with Peter Schiff, gold stocks to buy were specifically mentioned. Namely, Barrick Gold, which Schiff himself also owns, was one of them.

Hence, based on the strong opinions of Peter Schiff, gold fund investments are also a good option. Especially seeing as the uber-successful stock broker’s gold price prediction entails quite the rise in both the short- and long-term. The positive gold forecast is also a result of the dropping value of the dollar, which Schiff believes wasn’t considered by the WGC.

Watch the full video for our take on the Peter Schiff gold and silver statements and what the future of the safe-haven assets might look like. And let us know what you think about the Peter Schiff gold price prediction in the comments down below!

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