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October 16, 2013

Fiat Standard vs. Sound Money

"It’s the politicians that want to be on a fiat standard. They don’t want the discipline of gold. It is the public, the people that want sound money. The government wants paper money." - in Minyanville 

Related ETF: 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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