Friday, March 1, 2013

Schiff - Gold selloff explained - no need to worry

Gold prices have suffered a brutal setback in recent weeks. Reports of the death of the gold bull market have been greatly exaggerated.

In the global currency war the biggest loser wins. However, the real winner will be gold. The race to debase means no fiat currency is safe. Savers are assured of being collateral damage unless they protect their purchasing power with a monetary asset central banks cannot print.