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# (Untitled)
- URL: https://thedailyeudemon.com/16105/
- Published: 2010-10-23T01:52:34.000Z
- Updated: 2010-10-23T01:52:34.000Z
- Author: Eric Scheske
- Tags: #wpChunk

“Ludwig: Before this rally in gold is over, would you venture to guess how high it can go?

Schiff: I like to quote it in terms of the Dow, because you just don't know how much inflation there's going to be. So my target is for a relationship that's close to 1-to-1 between gold and the Dow. I've had that target since the Dow was worth more than 40 ounces of gold. Right now it's worth 8 or 8-1/2 ounces, so I think it'll get down to 1-to-1\. But you don't know where that's going to be. It could be Dow 5,000-gold $5,000, it could be Dow 10,000-gold $10,000; it could be Dow 20,000-gold $20,000; it could be Dow 2,000-gold $2,000\. I don't know where it's going to be, but I think it's going to happen.”  
 – Schiff: Buy Gold, Commodity Stocks And China - Hot Topics (via Instapaper)