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Guru Schiff says gold due for "spectacular" rally
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Wednesday, July 15, 2009
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From Newsmax:

Gold prices are poised for a "spectacular" and prolonged rally as the recession deepens, Euro Pacific Capital head Peter Schiff said.

That makes gold and gold-related investments the best way for investors to protect themselves against inflation, Schiff said.

“If you really want to grow your wealth, you should own gold in the mining sector,” he told BNW Business Wire. “With gold stocks, there’s obviously a lot of leverage to higher gold prices."

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Topics: Gold | Guru | Commodities
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