Trace Mayer

Peter Schiff: Outlook for the Gold Market

"For the gold bugs, the inflationary spike is OVER. ....All the Fed's quantitative easing will do is simply slow down the deflationary forces"

Gold is the ultimate form of deflation because it is the ultimate form of payment and is always accepted. When capital starts moving into gold there will be no chance of getting it out and then the economy goes into stasis.

www.runtogold.com/2008.../

Peter Schiff: Outlook for the Gold Market

"At some point, the central bank selling is going to turn into buying. Who are these guys kidding?"

Between all the selling, leasing and other derivatives it appears the alleged central bank gold price suppression scheme may be ending as the central banks have less than half the gold they claim. Mr. Robert Landis, a graduate of Princeton University, Harvard Law School and member of the New York Bar, asserted in 2005, “Any rational person who continues to dispute the existence of the rig after exposure to the evidence is either in denial or is complicit.” When the market realizes this it will be very interesting for the gold market. While it would be unlikely it appears Schiff may not even be aware of what is really going on in the gold market.

www.runtogold.com/2005.../