Gold went down today because people are afraid of the Federal Reserve raising interest rates. But what happened the last time the Federal Reserve raised interest rates? Gold went way up! (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX))
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Mar 23, 2016
U.S. Dollar: The Chinese Recognize The Mistake
The Chinese are recognizing that they have too many U.S. Dollars. They recognize it was a mistake to peg their currency to 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.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
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