Quote from Pa(b)st Prime:
Uh.....how about because I'm both smarter and a much more successful trader than you.....
While putting together some 'Charley's Chowder' this evening, I happened to catch Peter Schiff (sp?) on Fast Money. Never in the history of that channel have I seen a guest that nailed it quite as well as he did... I wish I could find a transcript somewhere but basically the gist was that the USD is in a bubble akin the the housing and tech bubble and will be the next to crash. When that takes place, gold will see 2,000 and beyond... sometime in 2009
B
p.s. He really had the crew squirming tonight... it was something to see.