Wednesday, March 10, 2010

Schiff to Launch Gold Coin Business: "We are going to be very competitive on price."

Peter Schiff is about to expand his financial business. In a profile on Schiff, the Connecticut Mirror reports that Schiff is just days or weeks from launching Euro Pacific Precious Metals.

"We're going to be selling primarily for physical delivery," he said. "We will be very competitive on price."

I spoke to Peter's brother, Andrew, who tells me that they will be selling both "bullion" gold and silver coins, primarily from Australia's Perth mint. They do not plan, at least at this time, to sell numismatic gold and silve coins.

The web site isn't live uet, but further information about the coins and how to but them will be at
www.euoropacmetals.net

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