Negative Press On Gold

There`s a lot of negative press on gold. All the articles that I read despite the strength in gold, they were negative. Here are some examples: Forbes had an article, I am going to read the headline,

"Gold at highest levels since November, but could it plunge as low as 1,000?"

So they are not talking about if it`s going to continue but that if it`s about to plunge.

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

Stock Market: Heads We Win, Tails We Win

As far as I can tell, the stock market does not even care what the data is. All news is good news. Good news is good news and bad news is good news. Good news is good news because it means the economy is recovering, which means corporate earnings will improve and that justifies a rising stock market. Of course if the news is bad that means that the Federal Reserve is going to taper the taper, we are going to get more QE, more cheap money and that is good for stocks. So, heads we win, tails, we win. It does not matter what the news is, everybody is embracing it as being good.

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

Stock Market: All Is Good News

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