Gold “What If?” Silliness

by Mike ‘Mish’ Shedlock
Mish Talk

Peter Schiff and Jeffrey Gundlach posed a “What If?” question on Gold. Let’s discuss, including the math.

Jeffrey Gundlach Asks “What If?”

[…] Peter Schiff Video Response

[…] Please flash forward to the 20 minute mark for the discussion.

Schiff accurately comments that longs have the right to take possession of a gold contract, But then he makes a bunch of speculative claims that the gold is not there.

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