Thursday, February 27, 2014

Gold to Go Higher Than 1900$/oz

Gold is going a lot higher than 1900 dollars an ounce. That was just the most recent high. But this bull market has been going on for a long time and it has got a long way to run thanks to the policies that we are persuing here in the United States. Now that we have Janet Yellen as the Federal Reserve Chairman, I think she will be even more bullish for gold than Bernanke and Greenspan.

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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