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Wesley from St. Louis, MO: The house down the street from me sold for $90,000 in a short sale this month. That would be about 60 ounces of gold. It sold for $145,000 in 2005, which would be 377 ounces of gold. Does that mean that declined in value over six times?
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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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