Title: Peter Schiff discusses how to *exit* a gold boom Source:
[None] URL Source:[None] Published:Mar 2, 2012 Author:Ridley , Schiff Post Date:2012-03-02 17:19:46 by RidleyReport Keywords:None Views:766 Comments:5
Dr. Doom was in New Hampshire for the more-or-less annual Liberty Forum. I question some of his historical numbers in an interview but also get his advice on how to get OUT of gold when its prices near peak.
My guy, Andrew Gause, says that when interest rates hit 15% it may be time to start unloading investment gold. But he also advises to always maintain a core position regardless.
I don't have a guy, but that sounds like what my gut's been telling me for years. Core position; take opportunities to convert into real and necessary assets when you can 'take some'.