I think we are at these levels where you get the buyers, the real long term buyers who are not buying Gold for a trade, they are buying Gold because they want to own it.
They are buying Gold because they really understand that the Dollar is at risk, the fiat system is at risk and they need to buy real gold.
Related ETF: 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.
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