Peter Schiff: Capitulation in gold mining stocks will be epic

Peter Schiff - Twitter, Released on 4/4/23

Here's how Wall Street looks at #gold mining stocks. When gold prices are low they don't want to buy gold stocks as they think gold prices will fall lower. When gold prices are high they don't want to buy gold stocks as they expect prices to sell off. Capitulation will be epic.

- Peter Schiff (@PeterSchiff) April 4, 2023

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He's also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America's Coming Bankruptcy - How to Save Yourself and Your Country.

Peter Schiff: Capitulation in gold mining stocks will be epic added by Herman James on 04/05/2023View all posts by Herman James ?+'