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.
Blog Archive
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2016
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April
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- The Bond Market Is Smelling Inflation
- Gold & Silver: Poised For Another Big Move Up
- Crude Oil & Stock Market: Decoupling
- The Stock Market Is Going Down In Real Terms
- The Stock Market Is Not Going Up As Fast As Gold
- America: A Coming Bankruptcy
- Gold Stocks Are Rallying But The Major Firms Are N...
- The Worst Case For Gold Is Still Bullish
- Another Bullish Factor For Gold & Silver
- Gold, Mining Stocks Ready For Another Leg Higher
- Silver & Gold: I Still Like Both Metals
- Recent Economic Data Points To A Recession
- Silver Typically Does Even Better Than Gold In Bul...
- The Stock Market Is Caught Between Opposing Forces
- 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
- This Economy Would Have To Improve Dramatically To...
- U.S. Recession: Trump Predicts A Very Massive Rece...
- Gold Miners, Commodity Stocks: The Beginning Of A ...
- 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
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April
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