Peter Schiff: Rebuild The Foundation Of Our Economy

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Do not miss Tim Swanson’s interview of Peter Schiff of Euro Pacific Capital. Mr. Schiff advices Americans to dump the dollar and invest in precious metals, commodities and foreign stocks. He also calls Paulson’s plan “facsist.”

My favorite part of the interview: “We need to rebuild the foundation of our economy from one of borrow and consume to one of save and produce. Politicians and central bankers will resist this transformation and make the process that much more difficult and painful for all Americans.”

Read the rest.

12:06 pm on April 21, 2008