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Major news hit this week that the BRICS have launched their own development bank to challenge the currently Western-dominated banking system. Read about it here. Who could better explain the rationale behind this new bank than the author of the book Currency Wars, Jim Rickards? Rickards appeared on CNBC this week to share his thoughts. […]
In this long segment on CNBC’s Futures Now, Peter Schiff, Marc Faber, and Dennis Gartman discuss the massive bubbles forming in almost every asset class. Faber called for a potential bear market correction of 30% in US stocks. All three agreed that gold is the best option for retail investors to protect themselves from the […]
Russia Today spoke with Peter Schiff about the United States’ international spy activity and what effect it will have on the strength of the US dollar. [Europe is not economically dependent on the US.] I think it is the other way around – the US is very dependent on the rest of the world. It […]
On his radio show this morning, Peter Schiff interviewed Bill Murphy of the Gold Anti-Trust Action Committee. Peter and Bill discussed the possible price suppression of gold and the bullish fundamentals of the yellow metal. What’s even more amazing is that the price of gold is not reacting, not only to the inflation that has […]
Newsmax TV interviewed Peter Schiff to get his opinion on the underperformance of various US companies. Peter explained that it isn’t weak emerging markets that investors have to be worried about. It’s the coming dollar collapse that will destroy the purchasing power of the majority of Americans. How can you avoid this crisis? Hard assets, […]
Fox Business grilled Peter Schiff on the small dip in the gold price this week. Peter defended gold’s prospects and explained why the yellow metal can’t go anywhere but up with Janet Yellen guiding the Federal Reserve. You don’t have to try explain a $5 decline in the price of gold after nine consecutive up […]
In an interview with Greg Hunter of USAWatchdog, Peter Schiff explains why deflation will be a boon to investors who prepare for a dollar collapse by purchasing gold. They also talk about the sky-high debt limit, Obamacare, Middle East politics, and where gold will end up in 2014. You’re going to have deflation from the […]
Peter Schiff has no love notes for the US economy this Valentine’s Day. On CNBC, Peter tears into the atrocious policies of Fed and the phony recovery in the United States. One of the only bright spots is the recovering gold market. [The gold market] has really turned around in the last week or two, […]
CNBC expressed some surprise at Peter Schiff’s prediction that the Federal Reserve under Janet Yellen will be forced to resume quantitative easing later in this year. Peter reminded them that the Fed has always maintained that continued tapering is dependent upon positive economic indicators. I am not benefiting [from QE] as an American. I would […]
GoldSeek Radio spoke with Peter Schiff last week about the state of the gold market in 2014. Peter explains that now is the time to buy physical gold, before the market wakes up and realizes it isn’t going down much further. I think the Chinese officials are being dishonest with respect to their holdings. I […]
