Mar 5, 2014

Gold: Mispricing The Asset

People were buying internet stocks at crazy valuations just before the crash, people were buying condos in Vegas. They are doing the same thing in reverse when it comes to gold. It is the same lack of understanding of the fundamentals that is causing a mispricing of the asset.

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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