Mar 14, 2014

Gold: The Price Is Low and Rising

Now with the price of gold low and rising, this is a great time to buy. Gold has been probably the best performing asset class in 2014 but you would not know it reading the headlines or listening to the various pundits. They just want to talk about the stock market. They are ignoring the action in the gold market mainly because everybody is very skeptical of this rally, everybody is waiting for the rally to fade. I don`t think it will. I think it is a bull market, it is climbing a wall of worry and I think the highest it climbs the more people are going to worry.

Related stocks and ETFs: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Blog Archive