Gold bug Peter Schiff says gold is the best asset to buy right now because of the Iran situation.


Gold will eventually rise no matter what — whether the conflict de-escalates with a ceasefire or escalates further.
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GateUser-8da82d63
· 04-19 12:36
Gold’s inflation-hedging and safe-haven role is an old story; the key factors are the U.S. dollar index and real interest rates—don’t just focus on Iran.
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GasfeeComplainer
· 04-19 09:14
If a conflict escalation truly occurs, short-term risk-averse sentiment will push gold prices higher; but once a ceasefire happens, the return of risk-on sentiment may also lead to a pullback initially.
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GateUser-991fc58a
· 04-18 03:40
I prefer to split the position: allocate some gold/U.S. Treasuries as a hedge, and continue holding the core position with the rest, don't go all-in.
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TheRedTelephoneBoothInTheRuins
· 04-17 22:58
His logic is equivalent to: no matter what happens, the conclusion is always to buy gold, a typical Schiff style.
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KeyOnBlackVelvet
· 04-17 22:53
Old Xi is calling for gold again.
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CheckTheBlockchainBefore
· 04-17 19:16
If he is talking about "adjusting the golden ratio," I agree; but "All in gold" I don't agree.
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RetroRadioSignal
· 04-17 19:11
Can conflicts increase without escalating? That depends on the coordination of inflation and interest rate cut expectations; otherwise, the narrative alone can't hold up.
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MemeFisher
· 04-17 19:11
It feels more like an emotional premium this time; chasing the high easily leads to being washed out.
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Don’tRushToDoubleItYet.
· 04-17 19:03
Schiff always takes the side of gold; if he's right, he brags, if he's wrong, he says you haven't held it long enough.
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SentimentIndicatorHarvester
· 04-17 18:58
Actually, using gold for hedging is quite reasonable, but the conclusion should be "diversification + risk control," not a one-shot all-in statement.
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