Monday, January 6, 2014

The Fundamentals For Gold Have Never Been Better

What is amazing is that you have this big down year and yet hardly anybody views it as a buying opportunity. They think 2014 is going to be just as bad. The fundamentals for gold have never been better than they are now. The fact that so many people can`t see that just makes me even more bullish.

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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