Peter Schiff: Gold price rises to $4,530, returning inflation target to 2% is unrealistic
According to Odaily, economist and cryptocurrency critic Peter Schiff posted on X, stating that gold and silver prices are rising. Gold prices have increased by $50, approaching $4,530. Silver prices have risen by $3, with the trading price just 10 cents below $75. Peter Schiff believes that if the market thinks inflation can return to 2% while precious metals are hitting record highs, it is a misjudgment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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