This Is A Great Environment For Gold

Gold was going up faster than stocks in 2002, 2003, 2004, 2005... What did we have back then? We had a phony economic recovery that was generated by cheap money. Well, now we have an even phonier economic recovery generated by even cheaper money. This is a great environment for gold.



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.