Schiff’s listeners call in wanting to know how to prepare. Mike from St. Lucia asked about a $1 trillion treasure allegedly hidden in a New Mexico mountain, that if found would make a dent in the national debt. “We don’t have that much time” to discuss such theories, Schiff said.
Ellen from New York asked whether to save pennies minted prior to 1982 because the copper is worth more than one cent. “Can’t-lose investment,” Schiff replied. Luke from Cincinnati asked if he should spend his $5,000 savings on gold or silver, bought through Schiff’s company. “I like both metals,” the host said.