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December 9, 2012

We're Asking The World To Give Us Money Indefinitely

"We're asking the world to give us money indefinitely so that we can live beyond our means. When the world figures this out and decides it doesn't want to play this anymore, it's going to mean a much bigger drop in the dollar. The fed will have to print even more money to keep interest rates artificially low and [gold] prices will skyrocket." - in Yahoo Finance

Related:  SPDR Gold Trust (ETF) (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.
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