As long as interest rates remain far below the rate of inflation, the U.S. economy will fail to equitably restructure itself for a lasting recovery.
As a secondary effect, US savers will continue to suffer from a lack of yield and a weakening currency, while those wise enough to park savings in gold will likely see continued success. - in a recent market commentary
Related: SPDR Gold 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.
