On Friday, Peter Schiff spoke with Greg Hunter of USAWatchdog about Germany’s gold repatriation, the need for a bigger sequester, the S&P lawsuit, and the recent pullback in gold.
“We’re having a currency war and the winner is gold, because gold isn’t participating in that war. Everyone else is trying to kill themselves, but you can preserve your purchasing power by owning gold. More people are going to figure this out. We’re going to shake out these weak hands, and then I think we’re in for the mother of all gold rallies.”