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.