Schiff Report: BUY GOLD!
Peter Schiff’s weekly podcast. This week IMF sold 200 metric tons of gold to India’s central banks. The move resulted in a $25 jump in the price of gold setting a new all time high of $1080.
Peter Schiff’s weekly podcast. This week IMF sold 200 metric tons of gold to India’s central banks. The move resulted in a $25 jump in the price of gold setting a new all time high of $1080.
Peter Schiff comments on the dollar hitting a new low today as the Euro and the New Zealand dollars are having record High days. This could be due to people anticipating any announcements from the G20 in Pittsburgh that could have a negative effect on the dollar.
The financial crisis 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.
“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. “
Peter Schiff is an economist, news commentator, video blogger, soon to be senator, and author of Crash Proof How to Profit From the Coming Economic Collapse.
Peter Schiff supports sounds money, limited government, and free market capitalism. His book “Crash Proof: How to Profit From the Coming Economic Collapse” predicted the burst of the housing bubble and the decline of the U.S. dollar.
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