Peter Schiff: This Unstable House of Cards is Going to Implode

from King World News:

With continued fear surrounding the banking and monetary system, today King World News interviewed Peter Schiff, CEO of Europacific Capital. When asked about gold, Schiff remarked, “I think we’re going higher. The gold stocks, to me, look like they are headed a lot higher. They need to breakout from the consolidation that they have been in. For the last year we’ve been consolidating. If you look at the HUI index, with 600 being the high and 500 being the low, we’ve been in that 100 point trading band more or less ever since late 2010.”

Peter Schiff continues: Read More @ KingWorldNews.com