Peter Schiff on Debt & Gold
In an interview with The Daily Caller, Peter Schiff shares his views on the debt ceiling agreement, the future of gold and silver, and how indebted individuals can best prepare for the coming economic crisis.
Both [gold and silver] are undervalued because no one understands them. Gold’s future is bright, just like its past. Its value won’t end anytime soon. A lot of people have forgotten it’s money, and that paper is just a substitute. We can’t just have fiat currency. That’s why we have so many problems.”
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