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December 16, 2011

Gold: Bull Markets Climb A Wall Of Worry

“Bull markets climb a wall of worry. These sharp drops shake out the speculators and keep other would-be buyers on the sidelines. Once the weak longs are cleared out, the trip to 2,000 USD per ounce and beyond will resume unencumbered by excess baggage.” - in CNBC

Related ETFs, SPDR Gold Trust ETF (GLD)

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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