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Gold-bug Peter Schiff fully admits he would ‘be a lot richer’ had he invested all his money in the ‘Magnificent 7’ a decade ago. Bethan Moorcraft. April 20, 2024 at 7:16 AM.
Schiff, who said in June 2023 that his “net worth is a lot more than $80 million,” would fit within the Fed’s top 1% definition for Q4 2023 — but unlike some of his wealthy peers, the ...
Schiff's warnings of a coming economic collapse earned him the moniker "Dr. Doom", [15] [41] [42] [43] A YouTube fan video, "Peter Schiff was right," became popular in late 2008 and 2009. [ 44 ] [ 45 ] It contained a compilation of his appearances on various financial TV news programs between 2005 and 2007.
Euro Pacific Asset Management’s recent 13F filing revealed that the top two holdings of Schiff’s firm at the end of Q3 were Barrick Gold (GOLD) and Agnico-Eagle Mines (AEM), both heavyweight ...
The book, published in 2007, just before the 2008 financial crisis predicted an imminent decline in the value of the American dollar and advised investment in foreign securities and precious metals. After the recession of 2008, he published an updated version of the book called Crash Proof 2.0 which in January 2010 was listed on the New York ...
“I think what’s going to happen is the world’s going to reject the dollar like we rejected gold [in 1971] — and it’s going to go back on the gold standard,” Schiff predicted. The gold ...
Schiff in 1980. Irwin Allen Schiff (/ ʃ ɪ f /; February 23, 1928 – October 16, 2015) was an American libertarian and tax resistance advocate [1] known for writing and promoting literature in which he argued that the way in which the income tax in the United States is enforced upon individuals as a tax on one's time or wages, is illegal and unconstitutional.
A long-time advocate for gold, Schiff described it as a “safe haven” from inflation in 2021 — a time when inflation rates began to climb sharply in the U.S.