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Our gold price forecast has a 2017 target of $1000. Price analysis suggest that the gold price forecast for 2017 is bearish. Our gold price forecast has a 2017 target of $1000.
SHARES. Over the past few years Peter Schiff has consistently predicted that gold was headed higher, and has consistently been proved wrong. On Thursday, he vigorously defended his calls in a heated debate with trader Scott Nations, who calls his confidence dangerous.. Back on Oct. 25, 2012, with gold at $1,700, Schiff said on CNBC's  Futures Now  that one day we're going to look back at $1,700 with nostalgia. People are going to be shocked at how inexpensive gold was when it could be snapped up for such a bargain price.