Saturday, June 2, 2012

Schiff on Dismal Jobs Numbers and Gold



His Youtube channel SchiffReport is worth following. Check out his new book also when you get the chance - "The Real Crash."  - It's getting outstanding reviews thus far. 

"The Gold Market had a sharp reversal...gold stocks also surged, HUI up almost 7 percent on the day with the DOW down 2 percent...the mining stocks were swimming against the overall stock market."

"To me, some traders are starting to realize that the dollar is not the safe haven it used to be...more people are starting to come to terms that we're in trouble, too."

Keep an eye on the national debt, folks. We're getting close to that ceiling. Greece is still center stage, but when the United States, the main act, comes front and center, that is really when gold will take off.

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