Friday, April 4, 2014

Gold is experiencing a Stealth Rally

“Gold is experiencing a stealth rally,” says Peter Schiff, chairman of Euro Pacific Precious Metals. Gold, often viewed as a haven when the stock market cracks and crumbles, will do well if stocks finally stumble, adds Schiff. “Gold,” Schiff says, “is as close as we can get to a sure thing.” - in USA Today

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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