I like Peter. I hope he's right. Until we get out of this intermediate bear market in gold I remain skeptical. When Peter called the crash in real estate before it happens, that was one fantastic call. In the gold arena, Peter's company is a retail seller of precious metals. It is suspected he could be a hair too subjective. As I have been warning, the 250 day moving average on the weekly gold graph at stockcharts.com is about to sell beneath the 1000 day average. No way, is this motivation IMO for buying gold.
I love gold but I have learned, I'm just going to have to tough it out until things eventually change.