This trade is just getting started because the U.S. Dollar is falling and gold is rising when people still expect the Federal Reserve to raise interest rates. Imagine what is going to happen when they expect them to cut. (Newmont Mining (NEM), Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ), SPDR Gold Trust ETF (GLD), Barrick Gold (ABX))
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Blog Archive
-
▼
2016
(252)
-
▼
June
(16)
- Gold Stocks Are Not Expensive At All
- Switzerland Is The Strongest Economy In Europe
- The Markets Are Way Overreacting
- Yellen Is Still Pretending
- The Gold Trade
- Gold & The British Referendum
- The Next Crisis Will Be A Dollar Crisis
- European Banks: Trading Lower Than They Were At Th...
- The Markets Are Rolling Over
- Markets: U.S. Dollar, Emerging Markets
- This Trade Is Just Getting Started
- We Are Going Into A Currency Crisis
- Crude Oil Prices Close Above 50 Dollars A Barrel
- There Is A Bubble In Sovereign Bonds
- Why The Fed Will Not Raise Interest Rates
- Markets: I Am Not Short U.S. Treasuries
-
▼
June
(16)