Yesterday, Peter Schiff appeared on CNBC Asia to comment on the government’s prosecution of S&P. He went on to advise that investors stay away from US Treasuries, and instead look at:
“Gold, silver, hard assets, commodities, agriculture. Look at stocks in emerging markets. Good companies, good balance sheets, good earnings that are servicing countries where the income is going to be gaining, where currencies are going to be appreciating in value. Stay away from these overly indebted nations like the US that are going to pay its creditors back with printing press money.”