I think a lot of the professional money managers, professional speculators, they’ve been betting against this gold bull market for the the last ten years. Betting against gold has been the wrong trade.
Related, SPDR Gold Trust ETF (GLD), Gold Futures
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.