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Economist Peter Schiff has warned Americans to get ready for “a major dollar decline.” The genesis of his gloomy outlook for the greenback will come as no surprise to those who understand ...
Schiff broadcasting his radio show from Washington, D.C. in March 2013. Prior to the 2007–2008 financial crisis, Schiff frequently appeared on CNBC, Fox News and Bloomberg to voice his opinions on the US economy and financial markets. However, after the financial crisis, his bookings dropped by 75 to 85% on these networks.
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 also 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.
However, Schiff cautions that such examples often have significant caveats. Read more: ‘You didn’t want to risk it’: 80-year-old woman from South Carolina is looking for the safest place for ...
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 ...
It’s not like it’s just happening out of left field,” Schiff said in a recent episode of his podcast, The Peter Schiff Show. Don't miss Commercial real estate has outperformed the S&P 500 ...
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.
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