did you notice how old that interview was??? Gold was at 1220 and the dollar at 84...what's new about this interview other than PETER had the trend correct...I read through many of these messages and didn't catch one that picked up on the dated material....Come on, wake up
They're lost because they have no historical recollection of pre-world war II in Germany. People need to read about the weimar republic and the hyper-inflation Germany had to endure. That's why Germany saves more than any other country. They learned their lesson from then. Peter Schiff is right about hyper-inflation coming to the USA.
"he didn't say that, he said the dollar will continue to loose value. If your stocks go up enough you might be able to break even....on the falling value of the dollar"
You bet! The markets to gold relationship will continue to favor PM's. In other words, you will make more paper in the PM's due to the fact that these represent real money and the price shall continue to reflect that.
To preserve wealth, one must invest in gold and silver related assets only
Unless you are a VERY VERY good trader to flip stocks to yield higher percentages.
Here are some funnies.
Notice how not one of the panel mentioned Schiff's call last night. What a bunch of chuckleheads. Here is some history to help people who was right.