Schiff: Day Of Reckoning Coming In Next 1-2 Years

By Goldseek / May 20, 2008 / marketsanity.com / Article Link

Interview summary: Silver is just breaking out. Gold stocks are bargains. Gold miners are seeing their earnings grow as the price goes way up. No other industry can show this right now. People will probably make a killing in mining stocks. Upside potential is huge versus the downside risks. The US Dollar is heading for a crash. That is what gold price is telling you.

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He's also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America's Coming Bankruptcy - How to Save Yourself and Your Country.

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