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May 12, 2010

I Have Been Bullish On Gold For 10 Years

I have been bullish on gold for 10 years and you know, what is happening makes me more bullish because Europe is becoming more like the United States. What Europe is saying is that the nations that share the euro currency will not be allowed to default no matter how much money they borrow, the ECB will simply print euros to pay it off.

in CNBC, May 11

Related ETF`s and stocks: SPDR Gold Trust (ETF) (Public, NYSE:GLD), iShares Silver Trust (ETF) (Public, NYSE:SLV), Newmont Mining Corporation (Public, NYSE:NEM), Barrick Gold Corporation (USA) (Public, NYSE:ABX), Goldcorp Inc. (USA) (Public, NYSE:GG), Kinross Gold Corporation (USA) (Public, NYSE:KGC)

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.
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