Peter Schiff Quotes

Investing in gold is one of the wisest decisions that you can make as an investor.

If you don't own Gold, you know neither history nor economics.

The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper money (of whose value, as noted, they are right to be fearful). Gold, however, has two significant shortcomings, being neither of much use nor procreative. True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end.

You'd be safe to hold 5% of your assets and savings in gold and silver. Insurance for the future.

If you are looking for a hedge for potential inflation for the future and have a longer term view, then gold is still a good bet.

In these times of uncertainty for paper-based currency, I feel more secure in holding gold.

Start buying gold now, regardless of the price. By acting now, you will not have to react when it's too late. Too late will be when the majority of the public finally figures out what is happening to paper money and frantically tries to get aboard. Remember, if you're one of the ones holding paper in the end, you will have given away your products and services for nothing.

One day we're going to look back at $1,700 with nostalgia. People are going to be shocked at how inexpensive gold was when it could be snapped up for such a bargain price.

Nobody at CNBC owns gold. Nobody at Bloomberg owns gold. Gold is being constantly talked down by the media, and Fed officials, and economists, who also don't own any gold. They're all stocked up in equities.

Bitcoin is not an actual physical coin, and if computers are shut down, you can't buy or sell them. That's why nothing will ever replace gold and silver coins themselves, and all investors should have them at home or in a safe deposit box.

I never look at it like I'm wasting money when I'm buying gold.

I like gold because it is a stabilizer; it is an insurance policy.

Gold is a great thing to sew into your garments if you're a Jewish family in Vienna in 1939, but I think civilized people don't buy gold, they invest in productive businesses.

Small, slow growth is the best I expect from an investment. I'm a real saver: frugal - like my parents.

If you want an alternative currency, check out gold. It has stood the test of thousands of years as a store of value and medium of exchange.

I buy things that are good properties that I'm going to have forever. I just don't have any intention to sell anything. I believe you acquire good assets and you keep them and operate them.

People would rather have art or gold instead of paper money.

If you have faith in our leaders of commerce, don't buy gold. If you do not have faith in them, maybe you should buy gold or silver.

Gold has worked for thousands of years, but now with the Internet, it works even better.

Historically, gold has always been a safe haven against inflation and a safe haven in times of political instability.

I have got gold secure all the time so income tax people will not be able to take the gold from my neck!

As the property market is very steep right now I think people should invest their capital in a mix of equity and debt instruments, through reputed mutual funds and maybe some in gold and silver. Regular savings are very very important.

I've reached a point where I feel the only asset I have confidence in is gold.

Gold, unlike all other commodities, is a currency...and the major thrust in the demand for gold is not for jewelry. It's not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.

Place 5 percent to 10 percent of your total assets in gold bullion and selected gold and silver coins. No one knows with certainty whether the coming depression will be inflationary or deflationary.