David Morgan, founder of Silver-Investor.com, reveals the three reasons why silver has rallied this year and weighs in on whether the rally can continue.
Monday, October 18, 2010
Peter Schiff : No Bubble in Gold
With gold prices above $1300 per ounce, skeptics question whether this is yet another asset class bubble about to burst. Schiff disagrees, as you might expect. He believes the U.S. dollar will continue its downward trajectory – in turn, adding to the value of gold. “I think we’re still relatively early in the game," he says. "It’s not rock bottom prices, but prices are not high for the metals, especially given what central banks are going to do,” i.e. more quantitative easing.
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