Monday, May 18, 2015

Gold to reward investors big time

There really is no limit to how high gold prices can rise. We’ll always have to do [QE] to offset the damage from the previous QE.

It’s like trying to put out a fire with gasoline. That’s all the Fed has—gasoline. And everyone expects the fire to go out. It can’t go out.

You need to be long gold and there is going to be a huge payday. I think the upside in gold stocks is phenomenal from here,

Peter Schiff is a smart investor and author of several best selling books. He correctly predicted the economic meltdown of 2008 - 2009