Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Gold-Mining Shares to Rise as Bullion Gains Hold, Schiff Says

Shares of gold-mining companies that have lagged behind the broader market will rebound as equity investors gain confidence that the surging price of the metal doesn’t signal a bubble, according to Peter Schiff, the chief executive officer of Euro Pacific Capital Inc.

The share performance “shows a high degree of skepticism among investors” on gold prices, Schiff said today at the Inside Commodities conference in New York. “That’s the antithesis of a bubble. When investors figure out what’s going on, they’ll be buying up gold shares.”

Demand for gold has been fueled by individuals and central banks that want an alternative to currencies devalued by expansions in money supplies, Schiff said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.