Friday, February 7, 2014

Video: Gold Market Outlook

I don`t know where it`s going to be at the end of the year. My guess is that is going to be higher, I think it could be much higher. I think that the outperforming of gold in January can accelarate through the end of the year. I don`t think January is necessarily a head fake, I think it could be a good harbinger for things to come for the balance of 2014.

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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