Bitcoin: People Will Lose A Lot Of Money

I do not think it is going to end up being a source of commerce for the world. I think right now it is a source of gambling and I think people will lose a lot of money. But again, I don`t know where the top is. I never know where the top is but I think I got a pretty good vision when it comes to seeing bubbles and I certainly see one in bitcoins.

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

Yellen, Dollar Crisis & The End Of This Madness

She actually believes the Federal Reserve can create prosperity, can create jobs and economic growth by creating inflation, by printing more money and that is what she is going to do.

And because it`s not going to work, because it`s going to make the economy worse, not better, she is going to do more and more of it until ultimately there is a currency crisis and the dollar collapses bringing an end to the madness.

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

Yellen Will Compound The Mistakes

She has not learned from the mistakes at all. She is going to compound the mistakes. She is going to take the QE program and expand it.

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