Is Gold Going To $15,000?

Gold prices have hit an all-time high of $2000, but industry heavyweights Jim Rickards, best-selling author, and Peter Schiff, CEO of Euro Pacific Capital, both think that the rally is far from over. Rickards’ analysis gives a five-year gold price target of $15,000 an ounce (similar to my astrological gold forecast of $14,000). Schiff, too, sees this as just the start of the bull cycle, adding that an imminent U.S. dollar collapse will be a major catalyst in sending gold prices much higher.

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