In an exclusive precious metals video, Peter Schiff explains the correction in gold and silver, and why this is the perfect opportunity to allocate precious metals to an IRA.
“The truth is, our problems are largely in front of us, not behind us. The only reason that the economy appears to be recovering and the stock market appears to be rising is the government is debasing the money. The Federal Reserve is printing money, call it quantitative easing…it’s old fashioned debt monetization…Ultimately, it’s going to go right back into gold and silver.”
Just watched Peter Schiff’s video about Gold -2014. My son graduated from college a year ago and is starting his career. Would you advise a young person just starting out to start a Roth IRA with gold/silver investment – do you handle this?
To ask Peter a question, please call into the Peter Schiff Show between 10 AM and Noon ET, Monday through Friday, at 855-4-SCHIFF. If you have questions about precious metals investment, please call Euro Pacific Precious Metals at 1-888-GOLD-160 to speak with a precious metals specialist.
Mr. Schiff,
Why were the banks gold Tier not changed to a Tier One on January, 2013 and posponed to a later date? What impact does that have on the price of gold?
Thank you,
One of your clients.
To ask Peter a question, please call into the Peter Schiff Show between 10 AM and Noon ET, Monday through Friday, at 855-4-SCHIFF.
Another great video Peter! I always learn something from you. Just started reading your latest book.
What about my Roth IRA Account?
Please call Euro Pacific Precious Metals at 1-888-GOLD-160 to speak with a precious metals specialist about the details of investing in gold and silver through an IRA.
I started buying in 1976 and by late 1979 the Gold market became IRRATIONAL and peaked in early 1980 . I happened to sell most of what I had the very day the market started to crash . Started to buy cautiously again in the mid 1990’s . Started a NEW business in 2000 and therefore had no money to put into Gold and Silver. By mid 2005 I again had free cash and started buying once again $ 575.00 – $ 625.00 in 2006 . Am happy to see ” investors ” selling now which will drive the price down .
When the DOW crashes , I expect Gold will be $ 1300.00 or less [ $ 1200.00 ] and will then jump in to buy BIG TIME once again.
With gold prices falling for several months and central banks buying, who is doing the selling that has depressed the price?
The best way to ask Peter a question is to call into the Peter Schiff Show between 10 AM and Noon ET, Monday through Friday, at 855-4-SCHIFF.