Peter Schiff Makes Sense About Gold and Investors

Peter Schiff took on gold investors today. What he’s saying makes a lot of sense, gold isn’t really for the type of investor that looks at the price every day, or more often, and gets skittish if we see a drop in the price. Gold, as we’ve said here time and time again, is a great hedge against the dangerous monetary policies that the US government has pursued over the past decade (or more). Sure, in the short-term, gold may go down, but it won’t stay down. Schiff also warns against anyone shorting gold, and gold-related investment vehicles. Listen to him.