"You have speculative longs getting out, speculative shorts getting in, but I think is operating under a false narrative and so gold is being mispriced. The U.S. economy is not recovering. We are entering back into a recession and might be in recession by the end of this year." - in CNBC
Related ETFs: Financial Select Sector SPDR (XLF), SPDR Dow Jones Industrial Average ETF (DIA), SPDR Gold Trust ETF (GLD), SPDR SP 500 Index ETF (SPY)
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.