Gold prices will only go down when governments change course and make significant cuts. Until then, gold is not in a bubble. It's the only way to protect your wealth; and in the current economic condition, it's poised to go much higher. - an excerpt from "Why Warren Buffett is wrong about gold"
Related, SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), 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.
At Some Point, Interest Rates Will Go Up Regardless
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“But at some point, markets won’t take central bank policies anymore, and
interest rates go up regardless of how much bond buying they do. Market
timing is...
1 hour ago