May 3, 2011

You Have To Avoid US Dollar Denominated Investments

"What you have to do is avoid US dollar denominated investments. People need to own precious metals like gold and silver, they need to own commodities, they need to own foreign bonds, foreign stocks." - in Yahoo Finance

Related: iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM), iShares Silver Trust (ETF) (NYSE:SLV), SPDR Gold Trust (ETF) (NYSE:GLD)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.