Peter Schiff’s weekly podcast. This week IMF sold 200 metric tons of gold to India’s central banks. The move resulted in a $25 jump in the price of gold setting a new all time high of $1080.
The fact that india is willing to step in and pay an all time high for a massive purchase of gold shows you that there is sign of the gold market weakening. If anything it proves that gold will continue to rise for some time. Gold $2000 here we come!
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