When asked in that situation how soon QE3 would be initiated Pento stated, “Well, it can’t be far off on the heels of QE2, that’s why I say you are a fool if you want to sell all of your gold. For those who are long-term investors, I wouldn’t sell any at all...but there is going to be a better buying opportunity.”
- Michael Pento, Via a King World News Interview
Read the full interview here: