Peter Schiff: On the Recent Gold Pullback

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In his usual sublime, concise, and unbashful way, Uncle Peter lays it on the line, about the recent pullback in gold.

Or, ask yourself what you should have done as a citizen of the Weimar Republic, in 1920. Buy gold and work out a plan to emigrate, or believe what the Weimar government told you, and keep your money in paper Deutschmarks?

Your choice.

Or as we people who can pass for Germans on Lufthansa or in Frankfurt say, BTFD!

(Translation available on ZeroHedge.)

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About Andy Duncan

An Austrian Internet Vigilante trying to live Outside the Asylum
This entry was posted in Austrian Economics. Bookmark the permalink.

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