From where we are today, I think the bull market has a long way to go. I think that the fundamental factors that the gold doubters have been ignoring all along, I think those factors are even stronger then ever.
I think what happened in 2013 was, some of the people that had been very skeptical of gold, they got out. They came in maybe in 2010, 2011, they finally got into the market and they all decided at one time that they did not want to be there. And it`s all based on the false expectations of a U.S. economic recovery, which I think it`s an illusion.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
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