August 4, 2011

The Cost of Government Is Going To Be Born By Those Foolish Enough To Hold U.S. Currency

Unfortunately, because we raised the debt ceiling, because we continue to spend money, the cost of government is going to be born by those foolish enough to hold U.S. currency. - in Yahoo Finance

Tickers: SPDR Gold ETF (GLD), IShares Silver ETF (SLV)

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.