Peter Schiff was interviewed on The Wall Street Shuffle radio show last week. He spoke about protecting your savings by buying gold, the implications of the Cyprus bailout, gold legislation in Arizona, and an exciting new gold product designed for bartering.
“In America…we pretend we’re protecting the depositor, as we’re basically robbing them blind with quantitive easing. The Fed is printing money and that’s really just a deposit tax. Quantitative easing is just a tax on deposits, just like what was going to happen in Cyprus, except the Cyprus approach is much more honest. Ours is dishonest.”
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