Gold Price Moves In Waves

"Be patient. Many investors in the nineties believed that gold was a dead asset class. But in the ten years from 2001 to 2011, gold increased almost 900 percent. The moves come in waves." - in CBS Market Watch


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.