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Peter Schiff: “We’ve been owning silver and buying it for our clients for years. This is a real bull market in metals. It is a reflection of inflation; a loss of confidence in fiat currencies and paper assets. That’s why you’re seeing bond prices here and in Asia dropping sharply. Inflation is driving metals higher and bonds lower. Corporate earnings and stock prices are not outpacing inflation. Year to date, the Dow Jones is down about 7%, priced in gold. The public is confused by pricing their assets in paper currency.”
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Peter Schiff is an American investment broker, author, financial commentator, and was a candidate in the 2010 Republican primary for the US Senate.
Video © and provided by Peter Schiff.
Peter Schiff is an American investment broker, author, financial commentator, and was a candidate in the 2010 Republican primary for the US Senate.
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