Peter Boockvar Says This Will Be The Fuel For The Next Move Higher In Gold & Silver
Peter Boockvar Says This Will Be The Fuel For The Next Move Higher In Gold & Silver from King World News
With the Dow tumbling, bonds continuing to surge and gold trading above $1,310, one of the greats in the business told King World News that this will be the fuel for the next move higher in gold and silver.
Bullish Case For Gold
March 22 (King World News) – Peter Boockvar on the bullish case for gold: “What we might finally be seeing is the curtain coming down on the perceived omnipotence of the world’s central banks to generate faster growth and higher inflation. Putting aside the idiocy of wanting higher inflation, I’ll argue that policy right now is actually restrictive because it is damaging the profitability of banks. And we should fully understand that banks are the lifeblood of any economy, particularly outside of the US…