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Peter Schiff Admits Stocks Are Better Than Gold Revisited
Peter Schiff Admits Stocks Are Better Than Gold Revisited
Peter Schiff Admits Stocks Are Better Than Gold Revisited
Peter Schiff Admits Stocks Are Better Than Gold Revisited
Peter Schiff Admits Stocks Are Better Than Gold Revisited
Peter Schiff Admits Stocks Are Better Than Gold Revisited

Peter Schiff Admits Stocks Are Better Than Gold - Revisited

LacusTheDestroyer - 2017-05-19

On Feb 19, 2015, I uploaded a clip of Peter Schiff inadvertently admitting that stocks are a superior long-term investment to gold. This did not satisfy many Schiffbots, who dug their heels in and defended their precious bullion regardless. Here's Peter a couple of years later, saying the same thing in terms clearer than ever. Fun fact: since I uploaded my original video on this topic, the S&P 500 with dividends reinvested is up 19.8%, compared with gold's rise of 3.5%, and an increase in the CPI of 4.2%. You didn't read that wrong - gold had a negative real return. I do not own the clips of Peter, but claim fair use as commentary/criticism.