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Peter David Schiff (/ ʃ ɪ f /; born March 23, 1963; nicknamed "Dr. Doom") is an American stockbroker, financial commentator, and radio personality. He co-founded Echelon Wealth Partners in Canada (formerly Euro Pacific Canada). [5]
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.
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.
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
NickMcKenzie.com.au. Nick McKenzie is an Australian investigative journalist. He has won 14 [1] Walkley Awards, [2] [3] been twice [1] named the Graham Perkin Australian Journalist of the Year [4] [5] and also received the Kennedy Award for Journalist of the Year in 2020 [6] [7] and 2022. [8] [9] He is the president of the Melbourne Press Club.
Fast forward to today, and gold prices have been surging. Schiff sees plenty of upside on the horizon. “We hit a new all-time record high overnight — $2,135," he said.
Australia II (KA 6) is an Australian 12-metre-class America's Cup challenge racing yacht that was launched in 1982 and won the 1983 America's Cup for the Royal Perth Yacht Club. Skippered by John Bertrand , she was the first successful Cup challenger, ending a 132-year tenure (with 26 successful defences) by the New York Yacht Club .
“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.