Peter Schiff issues a Red Alert: "Get out of the US dollar"

More red than his previous 1000 alerts?

If the dollar will collapse with absolute certainty, why bother buying gold? Why not short the dollar outright? Or buy long-dated, far out of the money put options. The payoff will likely be much much bigger.
 
Quote from makloda:

More red than his previous 1000 alerts?

If the dollar will collapse with absolute certainty, why bother buying gold? Why not short the dollar outright? Or buy long-dated, far out of the money put options. The payoff will likely be much much bigger.
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That clip is more than 6 months old.
 
The dollar has been trending down for a long time. It's ready to reverse. It's time to buy dollars and short equities.
 
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