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#740 The Ultimate Bitcoin vs. Gold Debate w/ Peter Schiff & Peter McCormack

The Pomp Podcast

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Buying Gold, Is It Fair to Think That It's a Science?

Every financial asset in the world is engineered to continue to go up against the us. Dollar because the dollar will continue to be debased, he says. He argues that if gold drops by ten % but stocks drop by 30 or 40%, i can still use some of my gold to buy stocks. If we have massif inflation, where stocks might double in price versus dollars, but go down by 50 or 60% in gold, right? Because in real terms stocks went down, they only went up in nominal terms,. then i col use that appreciated gold to advocate equity.

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