Fox Business grilled Peter Schiff on the small dip in the gold price this week. Peter defended gold’s prospects and explained why the yellow metal can’t go anywhere but up with Janet Yellen guiding the Federal Reserve.
“You don’t have to try explain a $5 decline in the price of gold after nine consecutive up days… It’s barely down. Market’s don’t go up every single day. So there doesn’t have to be an explanation… As long as the Fed keeps doing the wrong thing… I’m going to keep on buying gold.”
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