Peter Schiff put’s gold in perspective amid the current European crisis.
Oct 26
The Dollar’s rise today has resulted in Gold falling to under $1040 an ounce. This trend was seen across all the precious metals and indeed commodities a whole. The question remains how much is the dollar going to recover it’s losses that have taken place over the last three weeks. A balanced and moderate view needs to be taken when deciding the best time to buy more gold. If prices decline further it may well present a great opportunity to buy. Remember, Gold is still trading over $1,000 an ounce. That’s still very impressive.
