You have to give credit once again to Peter Schiff, like 1999 and 2007, things are starting to unfold in an eerily similar way to his predations, and most importantly, for the REASONS he predicts them.
I've been following his podcasts for years doubting the Feds allusions to raising interest rates and being correct about delay tactic. Also, casting cynical doubt about the Feds promises to end Quantititve Easing, which is also starting to appear on the cards.
It follows logically that he will, in the end, be right in the long run about precious metals...
I can think of no rationale based in reason not to heed his advice.