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Gold-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.
“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.
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.
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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
Peter Marvin Alexander [1] is an American journalist and television presenter who currently works for NBC News. He obtained the title of NBC News White House correspondent covering the White House and the President of the United States in December 2012. In October 2018, he was named co-anchor of Today for Saturday episodes.
Celebration Day is a concert film and live album by the English rock band Led Zeppelin, recorded at the Ahmet Ertegun Tribute Concert on 10 December 2007, in The O 2 Arena, London. The film was given a limited theatrical release starting on 17 October 2012, and was released on several home audio and video formats on 19 November 2012.
While 2024 is shaping up to be a year of optimism and growth for Bitcoin, economist Peter Schiff, has a stark warning for its investors. “Attention Bitcoin #HODLers.