Gold had its best quarter in better than 30 years! Gold was up more than 16 percent in the first quarter. Imagine being short that especially with the amount of leverage hedge funds use. This was the first time ever that the hedge funds were net short, they ended last year net short gold! (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX))
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
- ► 2017 (147)
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- Gold & Silver: Poised For Another Big Move Up
- Crude Oil & Stock Market: Decoupling
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- Silver & Gold: I Still Like Both Metals
- Recent Economic Data Points To A Recession
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- The Stock Market Is Still In Denial
- Oil Prices Going Up Is Bad For U.S. Stocks And For...
- The U.S. Economic Weakness That Nobody Wants To Ac...
- Gold Stocks: A Big Rally Again
- Stock Market: The Rally is Over
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- U.S. Recession: Trump Predicts A Very Massive Rece...
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- The U.S. Dollar Bubble Has Burst
- International Investing Doing Very Well
- Gold: Best Quarter In Over 30 Year!
- The Pain Trade
- Markets: Not Investing In U.S. Stocks
- ▼ April (27)
- ► 2015 (344)
- ► 2014 (429)