Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency… — Peter Schiff Copy Share Image
The fiat-based system has produced enormous global imbalances that are straining the global economy. Ultimately, I think the whole thing gives way… — Peter Schiff Copy Share Image
Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason… — Peter Schiff Copy Share Image
Gold has worked for thousands of years, but now with the Internet, it works even better. — Peter Schiff Copy Share Image
Most governments, not all of them, but most, certainly don't want their citizens using gold. They want them in the currency that… — Peter Schiff Copy Share Image
Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold… — Peter Schiff Copy Share Image
Miners produce the bullion. If there is going to be more demand for gold from investors and central banks, where is the… — Peter Schiff Copy Share Image
Over the past decade or so, you have seen the flip side of that as you've seen stock prices have come down… — Peter Schiff Copy Share Image
The strength in gold is revealing the general weakness in the dollar. — Peter Schiff Copy Share Image
One day we're going to look back at $1,700 with nostalgia. People are going to be shocked at how inexpensive gold was… — Peter Schiff Copy Share Image
Gold actually has properties - you can use gold for all sorts of things. People value gold for the metal. Nobody values… — Peter Schiff Copy Share Image
Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going… — Peter Schiff Copy Share Image
We're on a collision course for disaster. All we can do, all your viewers can do is brace for impactBuy gold. Buy… — Peter Schiff Copy Share Image
The market needs to set prices, including interest rates and allocate resources. If it were up to me, we would abolish the… — Peter Schiff Copy Share Image
Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency value is… — Peter Schiff Copy Share Image
Perhaps the most important reason to be skeptical of government inflation numbers is that the government, like a fox campaigning to guard a hen… — Peter Schiff Copy Share Image
When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency.… — Peter Schiff Copy Share Image
Every time the market has corrected, since 2008, it's always been the Fed that's made the bottom. The Fed has always saved the market… — Peter Schiff Copy Share Image
“Boom/bust cycles are not inevitable and would not occur were it not for the inflationary monetary policies that always precede recessions.” — Peter Schiff Copy Share Image
We had a very upwardly mobile economy, and that peaked around the 1950s when the typical middle-class American family consisted of a father with… — Peter Schiff Copy Share Image
Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles. — Peter Schiff Copy Share Image
The fiat-based system has produced enormous global imbalances that are straining the global economy. Ultimately, I think the whole thing gives way and what… — Peter Schiff Copy Share Image
Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do… — Peter Schiff Copy Share Image
Once the government runs out of foreign and private sector bidders for new Treasurys, the Federal Reserve will be the only buyer, and the… — Peter Schiff Copy Share Image
My mother always taught me that two wrongs don't make a right. We shouldn't bail out Wall Street. We shouldn't bail out Detroit. It… — Peter Schiff Copy Share Image