Peter Schiff was recently interviewed on Real Estate Radio to talk about the state of the housing market and the economy in general. When Peter made it clear that he didn’t trust the supposed housing market recovery, the hosts asked him what investments do make sense if the economy is going to implode.
“We’re going to continue to lose jobs… I think that this housing rally is going to fizzle… I don’t think we’ve ever left the recession, it’s just been one big depression… [Gold] had a big sell-off… I think it’s headed for a spectacular rise… Gold and silver still look really really good. People have time to get in.”
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