Peter Schiff Quotes

We look at gold from the view of the Indian market, which loves to buy more and more 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.

The way I see it, gold is headed over $1000 an ounce, probably much higher. At anywhere near current prices, it's the lowest risk, highest potential investment I can think of.

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

Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the gold stock. If the market price of gold moves a long way from this level, it may indicate a buying or selling opportunity.

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.

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.

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.

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

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

Gold--the picklock that never fails.

Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold and putting it away.

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.

Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.

You could not buy a house in those days without just assuming that the house was not only a place to live, but it was a good investment, because it was going to keep up with inflation or get ahead of inflation, and it was just - that was America.

If you worry about financial Armageddon, it is indeed metaphorically the time to stock your bunker with guns, ammunition, canned food and gold bars.

People working in the private sector should try to save money. There remains the possibility that it may someday be valuable again.

We must keep prices under control to ensure that price increases do not exert a major negative impact on people's lives.

My best year I made $25,000. Of course, that was back in the '70s.

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. ... … Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.

Inflation appears to affect the entire electorate, though in reality those able to increase their earnings at the same rate of inflation would not suffer unduly.

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.

Silver is used in the electronics industry and is consumed daily; stock piles of silver are dwindling.

I've talked about commodity price volatility in the past: go back to the tape... I never said it was about inflation.