Foreign Stock Markets: My Favorites

My point is, in order to save the stock market, they sacrifice the U.S. Dollar. That is the real concern investors need to have. Not just the U.S. stock market going down but the dollar and the way to protect yourself from that is to invest in countries against which the U.S. Dollar will be falling. So, we are buying stocks in markets like New Zealand, Singapore, Hong Kong, certain emerging markets, Australia and Canada.

There are parts of Europe that I like, Switzerland, parts of Scandinavia.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

How To Use Your Overpriced Dollars

There are a lot of currencies that have gone way down because speculators have bet that the Federal Reserve will raise interest rates and this has suppressed the value of these currencies.

So, rather than taking a vacation in these countries to take advantage of a cheap hotel room, use your overpriced U.S. Dollars to make some strategic investments in their stock markets.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.