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Here’s why U.S. stock investors saw their wealth explode in the last decade — and why Schiff still cautions against being overweight equities. Top 1% rake in huge gains
“If you look back at prior periods where inflation was a problem, like the 1970s, the price of gold, in one decade where the Dow went down, the price of gold went from $35 an ounce to $850 ...
“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 ...
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."
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.--.
“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 ...
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related to: peter schiff archives gold stock price