Another Bullish Factor For Gold & Silver

I am seeing a lot of mainstream articles now about why you should not jump on this bandwagon, how dangerous the gold market is. And all this stuff really is music to my ears. If you are a bull, this is exactly what you want. You want everybody to be skeptical. You want everybody to doubt. (SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV), Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ), Newmont Mining (NEM), Barrick Gold (ABX), Hecla Mining (NL), Goldcorp (GG))

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Gold, Mining Stocks Ready For Another Leg Higher

We are starting to see silver (iShares Silver ETF (SLV)) outperforming gold (SPDR Gold Trust ETF (GLD)), we are starting to see the small mining stocks (Market Vectors Junior Gold Miners ETF (GDX) outperforming the senior mining stocks (Market Vectors Gold Miners ETF (GDX)). We are now kicking in another leg up in the market.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Silver & Gold: I Still Like Both Metals

I still like both metals. But this is constructive action.In fact the gold stocks are at new highs for the year even though gold itself still needs to go up 30 dollars. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), NovaGold (NG))

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.