Peter Schiff Gold Prices - LongTerm Forecast for Gold - Peter Schiff Gold

Peter Schiff Discusses Gold Prices and why he believes that gold was always considered as solid and save instrument. Many Countries currency was based on Gold reserves. People

loved to make investment in Gold. But now this Gold is in crisis. These Gold crisis are linked with economic,

financial, debt and currency crisis. Anyhow, too much dependence on one instrument always brings down This fall.

Goldman Sachs predicts an average gold price of $1,413 for the year 2013. This doesn't necessarily mean that gold will get back to this level (from the current gold price of $1,329 as of July 26, 2013), because the first half of the year, during which gold was for the better part trading above $1,500, is already included in the average.

Goldman expects the U.S. recovery to pick up and gold to plunge the next year, predicting gold to average only $1,165 in 2014.