Puerto Rico – “I’m so darn bullish on gold right now I’m going to get gold teeth,” said Peter Schiff, CEO of Euro Pacific Capital. “If you thought the Great Recession was bad, wait until you see the after math of all this free money.”
Peter Schiff, 57, is an American libertarian, stockbroker, economist, and financial commentator. Peter was one of the few individuals who foresaw the Great Recession back in 2006 saying, “The United States is like the Titanic and I am here with the lifeboat trying to get people to leave the ship…. I see a real financial crisis coming for the United States.” Mr. Schiff has been a long-term bull on gold and foreign stocks that are backed by a government with sound fiscal and monetary responsibility.
“I’ve never been this bullish on gold in my entire life,” Mr. Schiff stated. “I’m so bullish that I just made an appointment to get all of my teeth removed and replaced with gold teeth.”
Gold teeth has been a status symbol in America ever since Three 6 Mafia, the rap group, started sporting gold grills in their rap videos.
“Getting gold teeth is not a status symbol for me,” Mr. Schiff said. “It’s about the fear of Executive Order 6102 repeating in history again.”
Executive Order 6102 was a United States Presidential Executive Order signed by Franklin D. Roosevelt in 1933 forbidding the hoarding of gold. “The reason for the Executive Order,” Schiff went on, “Is because the government thought hoarding gold was stalling economic growth.”
Mr. Schiff told us he was afraid another version of Executive Order 6102 could come to pass after all this stimulus and fiat currency floods the market.
“There is no way on my mother’s grave there won’t be economic backlash from this abusive printing of money. Gold is going to go higher from here. And when the government realizes the U.S. Dollar has no more value, they will nationalize gold. So that is why I’m getting gold teeth. There is no way the government is going to come to my house and remove my teeth with pillars when they nationalize gold.”
The demand for gold teeth has skyrocketed this year as more people are fearing Executive Order 6102 will be implemented again.