from King World News
After another wild day of trading in global markets where bonds soared and stocks plunged, gold is heading onward and upward, plus a break of this key level will cause gold bears to throw in the towel.
A Break Of This Level And Gold Bears Will Throw In The Towel
March 5 (King World News) – Peter Schiff: “Gold is only down about 1% from the $1,690 high that it hit on Feb. 24th. In contrast since then the GDX and GDXJ are down about 7% and 12% respectively. Once gold breaks through $1,700 I think the gold bears will throw in the towel and gold stocks will finally catch a bid.”