Schiff`s Investment Commentary - Tracking Schiff`s Media Appearances And Market Commentary
September 9, 2009
Outlook For Gold:"We Are Going To Have Gold 2,000, Gold 3,000, Gold 4,000"
"We are in a major bull market, I think we are going a lot higher. The spot price of gold is still below 1,000 and I think you got the futures markets going above 1,000. But if you look at the ETF GLD, SPDR Gold Trust (ETF) its at 980 and in March of last year it briefly traded above a thousand.I think we are going through a 1,000 (...) we are going to have gold 2,000, gold 3,000, gold 4,000. Everytime it hits another milestone we are going to have another party." in FOX Business News
Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
Peter David Schiff (born March 23, 1963) is an American economist, author, commentator and popular video blogger. Schiff, a licensed stock broker, is the president of Euro Pacific Capital, headquartered in Westport, Connecticut
2013`s Fiscal Drag
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The point is, all this is expiring at year end, and the hole will be $600
billion, or about 4 percent of GDP, and then we plunge into a nasty
recession. So...
Investors Must Own Gold, But Sentiment Is Negative
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Investors must own some gold but as I have maintained for the last six
months or so, we are still in a correction period and maybe gold breaks
down below t...