It started the year below 1100, it got down to 1050 when the Federal Reserve just raised interest rates in December but it has had a pretty good run. The gold stocks have gone up a lot more. In fact there are silver stocks that have gone up 500 percent since their January lows. That has been the biggest move. (Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX), Hecla Mining (NL), iShares Silver ETF (SLV), SPDR Gold Trust ETF (GLD))
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
May 23, 2016
Blog Archive
-
▼
2016
(252)
-
▼
May
(27)
- The Fed Will Have To Go Back To Zero Interest Rates
- America Is More Bankrupted Than Puerto Rico
- Stock Market: I Am Not Short
- We Are Already In A Recession
- This Is The Biggest Bubble The Federal Reserve Has...
- The Stock Market Has Gone Nowhere For The Last 12 ...
- This Economy Is A Disaster
- Markets: Gold, Gold Mining Stocks & Silver Stocks
- A June Rate Hike Is Not Bearish For Gold
- Stock Market: Banks (J.P. Morgan (JPM), Bank of Am...
- Gold Stocks: Shaking Out The Weak Hands
- Stock Market: Will the Fed Raise Rates In June?
- The Next Crisis Will Be A Currency Crisis
- The Stock Market: Earnings, Federal Reserve
- Stock Market: We Are In A Earnings Recession
- The Stock Market Is Going Down But It Has Not Roll...
- Markets: The Bad News Aren`t Really Sinking In, Yet
- U.S. Treasuries Are Not Risk-Free At All
- U.S. Debt: Is Default The Solution?
- Donald Trump On U.S. Debt, Interest Rates
- Retail Sales Are Horrible
- Why The Federal Reserve Will Not Raise Interest Rates
- Gold Stocks: Still In The Early Stage Of A Big Bul...
- Gold Will Get To 1,500 USD Relatively Soon
- Markets: In The Short Run Its All About Perception...
- The U.S. Dollar Will Accelerate Lower
- Dollar Weakness, Gold Strength Caught Wall Street ...
-
▼
May
(27)