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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
old-bug Peter Schiff has admitted he could have made a lot more money over the last decade if he had focused his investing on high-performing stocks instead of gold.
Schiff is predicting a phenomenon known as “de-dollarization” — when countries shift away from the greenback as a reserve currency, medium of exchange or unit of account.
Peter David Schiff (/ ʃ ɪ f /; born March 23, 1963; nicknamed "Dr. Doom") [2] [3] [4] is an American stockbroker, financial commentator, and radio personality. He co-founded Echelon Wealth Partners in Canada (formerly Euro Pacific Canada). [ 5 ]
Three years ago, the average interest rate on a 30-year fixed rate mortgage was around 3%. Today, it stands at 6.87%. Elevated home prices, along with high interest rates, can make purchasing a ...
Peter Schiff holds a bachelor's degree in Finance & Accounting from University of California Berkley. Peter Schiff is a business person, stock broker, and television commentator-- this article refers to him as an Economist. This is a falsehood. His "field" is securities trading, not financial economics.
Schiff claimed the OCIF actions were due to the allegations by 60 Minutes Australia, The Age newspaper, and the subsequent investigations, saying, "There was no way those allegations were true, but once those stories broke, the bank's business imploded". Operation Atlantis yielded no charges of money laundering or any other illegal activity.
Investor shares his take on the de-dollarization narrative. 'Down for the count': Peter Schiff urges Americans to get ready for a 'major dollar decline' — predicts end of the greenback as global ...
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