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Schiff: Gold a Generational Buy

Thursday, 16 May 2013 | 1:00 PM ET

Bullion gets bashed. In the first quarter, world gold demand dropped 13 percent year over year. Peter Schiff, Euro Pacific Capital, explains why. With CNBC's Jackie DeAngelis and the Futures Now Traders, Jeff Kilburg at the CME and Jim Iuorio at the Nymex.