Tides Are Changing In Gold's Favor

"It's the Democrats and the Republicans posturing against one another for the 2020 elections," Peter Schiff said.
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More investors are looking at gold seriously as the price moves higher, said Peter Schiff, CEO of Euro Pacific Capital.

 "As inflation starts to erode their purchasing power, more and more people are going to want to wake up to the benefits of owning gold," Schiff told Kitco News on the sidelines of the Vancouver Resource Investment Conference.

 On the government shutdown, Schiff said that it is costing taxpayers more money than necessary and that it's all just "theatre."

 "It's the Democrats and the Republicans posturing against one another for the 2020 elections," he said.