Central Banks doing a run on Gold
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Central Banks Purchased 70.3 Tonnes Of Gold In April 2012! : Data from the
IMF showed that...
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Monday, December 5, 2011
Peter Schiff : Buy Gold & Silver Now
Peter Schiff : “There’s an old expression that nobody rings a bell when it’s time to buy or sell,. . . Well, I think the world’s central banks rung a pretty loud bell today to buy precious metals.”
“I believe that The Dollar is going to lose a lot more value, not just against other fiat currencies, but against real money, gold and silver ,I think investors should be buying. Those of you who’ve been on the sidelines waiting for an opportunity to buy, I would not wait much longer; I would just buy.”
Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.
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