christianveit:

Gold entered bear market territory in April after falling 20% from its cycle high. Today, it broke below the $1,200 level.
Euro Pacific Capital’s Peter Schiff told Business Insider that he doesn’t see any new triggers to worsen the sell-off.
Rather, he thinks we should consider what drove the sell-off in April. Here’s Schiff:

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PETER SCHIFF: Gold Is On The Verge Of Its Biggest Rally Ever – Yahoo! Finance