Mar 31, 2016

Yellen`s Dovish Speech is Bullish For Gold

Janet Yellen gave a speech in front of the Economic Club of New York and this is probably one of the most dovish speeches, if not the most dovish speech she ever gave. As a result of this speech the price  of gold was up about 20 dollars on the day. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG))

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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