Craig Hemke: Gold and Silver Rebound on Sinking Dollar

Financial writer and precious metals expert Craig Hemke thinks commodities are undervalued and cheap relative to stocks, which just had the biggest one day sell-off in years. Hemke contends, “$15 trillion worth of QE has been applied, $15 trillion worth of currency created in the last 8 years.

So, there are trillions and trillions of dollars that are sloshing around the planet, and when they all head in one direction, you get things like Bitcoin. 

If all of this money starts to head into commodities due to a falling dollar and recognition of inflation, commodities are going up, as is crude, as is silver & gold. I think it would be wise of people to position themselves ahead of it. The commodities sector will rebound on the sinking dollar.”

- Source, USA Watchdog