Sat, Sep 20, 2014
A A A
Welcome kbr175@gmail.com
RSS

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


 Article link

This post was written by:

VRS - who has written 37015 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930