Aug 30, 2017

Gold Goes Through 1,300 USD

We've been flirting with that $1,300 level all year, I've been talking about all the resistance that was up there and every time the price of gold got near $1,300 it was met with tremendous amounts of selling. There was a lot of supply but as I've been saying the demand was building, this was a coiled spring we continued to see more and more buying beneath the market and the channel was narrowing the distance between the $1,300 resistance and the support kept getting narrower and narrower and I said I was looking at it and I thought it was only a matter of time before we exhausted all that supply and broke through that $1,300 level,  both a psychological level and a level with a tremendous amount of selling. We finally did it!

Aug 21, 2017

Foreign Stocks Are Very Cheap Relative to US Stocks

If you want to invest in stocks do what I'm doing. Invest internationally, invest in foreign stocks. The valuation gap is enormous you've never had foreign stocks so cheap relative to two US stocks. (iShares MSCI Emerging Markets Index ETF (EEM), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ))

Aug 1, 2017

Video: Copper versus Gold


Peter Schiff discusses investing in Copper versus investing in Gold.

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