Jul 5, 2016

A Very Powerful Rally

This is a very, very powerful rally. Gold stocks finished again at 3 year highs. The Market Vectors Gold Miners ETF (GDX) was up about 5 percent on the day.

Related stocks: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), NovaGold (NG)

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