Peter Schiff

Well, at that price, I'd rather have the cash than the good silver.

Well, I would agree that the way my portfolio is positioned,

The more mistakes the government makes, the more they screw up the economy, the more inflation they create, the wealthier I'm going to be.

Right.

Right.

But I've invested based on what I think the government is going to do.

Not on what the government should do.

but what I believe it will do.

Now, just because I've invested based on a premise that the government's going to do everything wrong, I'm not going to advocate that the government do everything wrong.

I'm going to advocate that they do the right thing.

And if they do the right thing, then my investments are going to be harmed.

It's because I don't expect them to listen to me.

But I would rather, I would rather the government do the right thing.

And then I would invest based on them doing the right thing.

Because I think I can make a lot more money if the government does the right thing.

Because I know how to...

I would know how to invest.

First of all, I would be short a lot of stuff right now.

If I knew the government was going to do the right thing, I would be shorting a lot of things because prices need to come down.

Doing the right thing means stock prices go down, real estate prices go down.