Off to the Races

Peter Schiff's Gold Letter

Peter Schiff’s September Gold Letter has been released, and it is worth noting that this will be its final edition. Stay tuned for the launch of Peter Schiff’s Gold Video Dispatch in October.

This month, Peter explains how the groundwork has been laid for an exciting autumn season in the physical precious metals market. If you’ve been waiting to buy gold, now might be the perfect time! You’ll also find an eye-opening commentary from Charles Hugh Smith and Lampoon the System’s latest jibe at the jokers who “saved” Detroit.

“Summer is traditionally a slow season for precious metals, but this summer started with a rout. In the last week of June, gold and silver hit 2-year lows of $1,192 and $18.61 respectively.

Fortunately, after staggering along the lows, the precious metals are off to the races once more – with gold rallying more than 18% and silver 28%. This remarkable performance continues even in the face of the Fed’s sustained tapering threats.

The exhaustion of short-sellers paired with insatiable global physical demand has positioned gold for an exciting conclusion to a volatile year.”

Continue Reading Peter Schiff’s Gold Letter

 

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