Apr 22, 2016

The Worst Case For Gold Is Still Bullish

The worst case scenario for Gold is, the Federal Reserve raises interest rates a little bit and that is bullish for gold or they do not raise interest rates at all, and that is even more bullish for gold or they cut interest rates and gold goes ballistic. (SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV), Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ))

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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