Get Your Money OUT Of The Banks NOW | Peter Schiff

Compared to 2008, "banks are in much worse shape," says Peter Schiff of Euro Pacific Asset Management (https://europac.com). The FDIC doesn't have enough funds to bail all the banks out, he points out. If the banking system collapses, either "insured" depositors will not get their funds or they will be paid back in devalued Dollars, Schiff argues. "Either you lose your deposits or your deposits lose their value."

INTERVIEW TIMELINE:
0:00 Intro
1:03 Gold & inflation
9:34 Debt crisis
16:58 Commercial real estate
22:30 Banking system
30:45 Peter Schiff online
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