Peter Schiff predicts gold at $2000, $3000, and $4000. He says China is telling all citizens to buy gold, because they know what is going to happen.
“Initially people expressed their fears by buying US dollars, but that was a mistake. Now people are getting rid of their dollars and buying gold and foreign currencies. This is going to end in a real crisis. ”
“The financial crisis we had in 2008 was the warm up round. The main event is the crisis crisis coming in the us dollar, That’s when the US government needs a bailout.”
More on Peter Schiff of Euro Pacific Captial @SchiffForSenate.com
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