Schiff on Politics, Gold, and Obama
Anthony Wile interviewed Peter Schiff for The Daily Bell this past weekend. This is a long and thorough examination of Schiff’s worldview and investment advice – a great introduction for those new to the concepts of sound money and government manipulation of the marketplace.
I think we’re going to have a crisis. I think it’s going to be a real collapse and that’s going to be the catalyst, potentially, for constructive change. But until there’s a crisis it’s going to be more of the same until more of the same precipitates the crisis.
I think in the meantime we prepare personally, we get our investments in order, we make sure we have our money invested properly so it’s not a financial crisis for us, it’s just an economic crisis for the country – not that I want to belittle that but I think it’s important that you not go down with the ship financially, that you put yourself in a position to be able to help other people by being in a lifeboat.”
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