For the past several years, we’ve heard the doom-and-gloom prognostications coming from perma-bear Peter Schiff: The Federal Reserve is the root of all evil. Inflation will be the United States’ undoing. Invest in gold and overseas because the American stock market is toast.

Perhaps that’s a legitimate view, but Schiff argues a more libertarian approach to prevent these supposed calamities. He argues for a different way of handling monetary policy, less spending by the federal government and a rethinking of how regulation is handled. Yet, when a political campaign is waged in the halls of Congress by a partisan member against one of his competitors, he turns a blind-eye to the abuses of government power.

“You know, I have my own gold company and it bothers me what they're going to do,” Schiff said to CNBC’s “The Kudlow Report” fill-in host Michelle Caruso-Cabrera on the Sept. 24 broadcast. “I think that companies like, you know, like Goldline, you know that are basically marking up their gold coins 67 percent or whatever – it's outrageous. I mean, most companies mark-up 2 or 3 percent, which is what I do. These type of companies give the whole industry a bad name. What I’m afraid of is we're going to have a lot of regulation.”