May 1, 2012

Gold Is A Reserve, Gold Is An Asset

I don`t think gold is a reserve currency. Gold is a reserve, gold is an asset. Currencies need to be backed by something. - in Max Keiser


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.