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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Schiff: Rising inflation will drive up gold price

Posted on 08 April 2014

Gold may have hit a six-week low last week, but Peter Schiff, CEO of Euro Pacific Capital, thinks it will rebound with a vengeance as inflation reappears. “Central banks around the world, particularly the U.S., are going to continue to create more and more inflation,” Schiff told “America’s Forum” on Newsmax TV.
“In fact, now the central bankers don’t even pretend they’re fighting inflation. They are fighting to create inflation. They’re telling us that inflation is a good thing, that the absence of inflation is a problem that the Fed has to solve.”……………………………………….Full Article: Source


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