Ron Paul Says ‘End is Coming;’ Famed Libertarian Comments

from Kitco NEWS

lass=”” >Former congressman and presidential candidate Ron Paul is once again warning of the end of the financial system, but one famed Libertarian economist isn’t buying into it. ’I don’t think it’s the end of the world scenario that Ron Paul and other doomsayers are promoting,’ said Freedom Fest founder Mark Skousen on Kitco News Wednesday. Although the market uncertainty post-Brexit has got investors concerned, Skousen says he thinks the global economy is just in a “mild recession.” ‘As long as rates stay low, you can have a rising stock market and I think that’s what we’re going to see.’ He also said he is liking gold, which is up 0.5% on the day. ‘I got out of gold in late 2011 and now I’m back in as of February.’

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week:

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: — Or join the conversation on social media: @KitcoNewsNOW on Twitter: — Kitco News on Facebook: — Kitco News on Google+: — Kitco News on StockTwits: