george soros doubles his bet on gold , page-8

"Peter Schiff, president of Euro Pacific Capital in Darien, Conn., and author of "Crash Proof: How to Profit from the Coming Economic Collapse," has been warning his clients for some time to diversify their investments outside of the United States.

He recommends buying gold certificates issued by the Perth Mint in Australia.

"Your gold ownership is guaranteed by the country of Australia," he said. "You know you own the gold itself and not a derivative. In the environment we have now, everyone has to own gold. You can't own dollars because the government is destroying the value of our money"

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