Gold Debit Cards, Gold and Silver as Equity Stocks and the Euro

Listeners’ Questions, Peter’s Answers- December 15, 2011

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John from San Diego, CA
The idea of having a gold-based debit card account is appealing. But I understand that your Euro Pacific Bank only deals with non-US citizens. Can you give us an update on this idea?

Michael from San Diego, CA
It seems gold and silver are currently looking like equity stocks. And because of that, it also seems to have lost it’s leverage against the market. Can you help explain this current transition?

Dan from Halifax, Nova Scotia (Canada)
What are, in your opinion, some of the minimal basic regulations that a government should set up in a real free market?

Stephen from Galway, Connaught (U.K.)
I have a large amount of debt in an Irish bank. My mother just passed away and left me some gold coins. I am not sure if I should pay off the debt with my gold or protect myself by keeping the gold, especially as Ireland may eventually leave the Euro.

Joseph from Winchester, VA
What are your feelings about investing in dividend paying U.S. stocks? Also, how long do you think this current bill market will last?

Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast.



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