What kicked off this rally was yesterday's announcement by the Federal Reserve that they will be keeping interest rates near zero until at least 2014. This means that a tidal wave of inflation is on the horizon, and the dollar will continue its long decline.
Related, 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.
There Is No Other Option To Keep The System Going
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Government debt is rising everywhere. We have stimulus packages, we have
central banks that will print money because there is no other option to
keep the s...
5 hours ago
