Gold Is the Safest Haven – Ep 786
The Peter Schiff Show Podcast
00:00
Gold Stocks Are Going Up, Even Though Gold Goes Nowhere
Gold has done extremely well during this time period. Could gold have gone up? Sure, and it will go up more. But the bottom line is, gold is going up. Gold mining companies are going to earn so much more money than investors think because they're basing their profit forecasts on a sub two thousand dollar gold price. So you can't be a safe haven and risky at the same time. The people who bought them are ahead, even if it was a rocky road. And in general, gold stocks are now above where they were on t Tuesday's clothes.
Transcript
Play full episode
