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.

Investing: International Diversification

I think there is a whole world out there, in particular certain countries that do not have anywhere near the enormity of the problems that the United States does. In fact, if I were as convinced as everybody else that the Federal Reserve was actually going to raise rates sometime this year, I would be even more negative on the U.S. stock market than I am now.

Because I think the Federal Reserve is going to rescue the stock market with QE 4 but when do do that they sacrifice the U.S. Dollar.

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