Gold stocks are the perfect hedge few portfolio managers own, as they will rise regardless of which direction stocks move. If stocks rise due to Federal Reserve money printing, gold stocks will rise more. If stocks fall due to a weak economy and falling earnings, gold stocks will also rise.
Clearly, everything that is happening right now in the economy, with central banks, is extremely bullish for gold. There is no question about it.
Read the complete article here: Peter Schiff: Gold Is the No-Brainer Investment