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August 31, 2011

Fiat Currencies Can Be Created At Will In Infinite Quantities

So the demand for gold is going to expand as more and more people wake up to this reality and discover that gold is the only safe haven. The fiat currencies can be created at will in infinite quantities. - in Beacon Equity

Related tickers: SPDR Gold Trust (ETF) (NYSE:GLD), Market Vectors Etf Trust (NYSE:GDX), Newmont Mining (NEM), Novagold (NG), Barrick Gold (ABX), Goldcorp (GG)

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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