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Financial expert Peter Schiff joins Money Rocks to discuss his top investment pick, silver.
The gold bull market is not over yet, says Schiff. He expects silver to go up more than gold and foresees an explosive move in silver near the end of its bull market. You can buy silver for a lot less than $600 an ounce so you’re not going to have to fill out one of those forms, comments Schiff, referring to the 1099 requirement that was slipped into the disastrous health care bill.
Also discussed are lithium and uranium.
Peter Schiff is president of Euro Pacific Capital and author of The Little Book of Bull Moves in Bear Markets and Crash Proof: How to Profit from the Coming Economic Collapse. His latest book is How an Economy Grows and Why It Crashes.