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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.
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. ... Now, my gold stocks did ...
The problem is right now U.S. stocks are extremely expensive and historically, it's very dangerous to overpay for stocks,” Schiff said, adding that gold is “actually very cheap historically.”
In September 2009, with gold below $1,000 per ounce, Schiff said that he foresaw gold at over $5,000 per ounce in the future, and that the stock market rally which began that year was a "rally in a bear market." [34]
256. ISBN. 047052670X. How an Economy Grows and Why it Crashes (2010) is an illustrated book on various economic topics by Peter Schiff and Andrew Schiff. The book allegorically explores such topics as inflation, deficit spending, central banking, international trade, and the housing bubble and 2007–2008 financial crisis.
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 ...
“Gold has already broken out,” he told Bet-David, alluding to the fact that central banks bought gold at “breakneck pace” in 2023, per the World Gold Council (WGC), with annual net ...
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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