Saturday, January 4, 2014

The Average American Is Still Underinvested In Gold

"The average American is still way underinvested in gold: probably 99 out of a hundred Americans don't own any gold at all other than their jewelry and most people who have jewelry are selling it for cash-for-gold programs"

in HedgeWorld

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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