September 24, 2010

The Federal Reserve Is Now Explicitly Committed to Inflation

With the Fed now explicitly committed to inflation, investing in gold and foreign currencies becomes an easy decision.

in Los Angeles Times

Related ETFs: iShares Silver Trust (ETF) (NYSE:SLV), SPDR Gold Trust (ETF) (NYSE:GLD), Market Vectors Gold Miners ETF (NYSE:GDX)

Related stocks: Kinross Gold Corporation (USA) (NYSE:KGC), Red Back Mining Inc. (TSE:RBI) , Newmont Mining Corporation (NYSE:NEM), Royal Gold, Inc. (NASDAQ:RGLD), Coeur d'Alene Mines Corporation (NYSE:CDE), Barrick Gold Corporation (USA) (NYSE:ABX), New Gold Inc. (USA) (AMEX:NGD

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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