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09-08-2009, 05:44 PM #1
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Schiff: Rising Gold Signals Inflation
Schiff: Rising Gold Signals Inflation
Tuesday, September 8, 2009 10:43 AM
By: Julie Crawshaw
Gold’s recent two-day 15 percent surge, Schiff notes, is the equivalent of the Dow being up 1,400 points — and a clear signal that investors fear inflation is just around the corner, says Euro Pacific Capital CEO Peter Schiff.
Schiff says he "gets a kick out of all these experts" pondering why the price of gold is surging.
"They all think there's no inflation," Schiff says.
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