Peter Schiff

you know, a source of supply.

It's going to happen because people are going to be in desperate situation where they have a hard time paying the bills.

They might say, you know, I got some silverware.

our good silverware that we don't really use very often.

But if I can sell my silverware for $30,000, that might come in handy.

Where that silverware might have only been worth $5,000, now it's like $30,000.

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.