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A YouTube fan video, "Peter Schiff was right," became popular in late 2008 and 2009. It contained a compilation of his appearances on various financial TV news programs between 2005 and 2007. Depending on the point at which they adopted his strategies, followers of Schiff may have had strong, average or poor returns.
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
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.
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“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.
Peter David Schiff (pronounced /ˈʃɪf/; born March 23, 1963) an American author, businessman, economist, financial commentator, video blogger, and a 2010 candidate for the United States Senate. Schiff is a periodic guest on financial news television and is a host and guest on internet radio.--.
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.