Monday, June 17, 2013

Gold: People Who Are Selling Gold Now Are Going To Have A Problem Buying It Back Later


Gold is on track to post its largest quarterly loss on record. Peter Schiff, Euro Pacific Capital CEO, thinks people who are selling gold now are going to have a problem buying it back later; and Michael Vogelzang, Boston Advisors, thinks gold is getting a bit oversold.
Related ETFs: SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV)


Peter David Schiff is an investment broker, author and CEO of Euro Pacific Capital Inc. Schiff is known for his bearish views on the US economy and US dollar, and his bullish views on commodities, foreign stocks and foreign currencies

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