Tuesday, October 26, 2010

Headed Down to "Uncharted Territory - Gold / Dollar

10/25/2010
video by Peter Schiff
Expert's Gold/Dollar Outlook: Dollar Headed Down to "Uncharted Territory"
In the CNBC segment below, which aired earlier today, Peter Schiff of Euro Pacific Capital (who I've interviewed before) sounds off on where gold and the dollar are headed...

He says in the clip that the dollar is headed into "uncharted territory." Not good. Unless you own a ton of gold and silver, as Schiff presumably does. His company, Euro Pacific, also advises many of its clients to hold precious metals in case currency devaluation continues.


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