Gold was going up faster than stocks in 2002, 2003, 2004, 2005... What did we have back then? We had a phony economic recovery that was generated by cheap money. Well, now we have an even phonier economic recovery generated by even cheaper money. This is a great environment for gold.
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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