People were buying internet stocks at crazy valuations just before the crash, people were buying condos in Vegas. They are doing the same thing in reverse when it comes to gold. It is the same lack of understanding of the fundamentals that is causing a mispricing of the asset.
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 5, 2014
The Real Value Of Gold (video)
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 4, 2014
What Motivates Individuals To Own Gold
What motivates individuals to own gold rather than Euros, or Dollars, or Pounds or Yen is inflation. Is the idea that the value of the fiat currency is going to decline over time and that the interest rate that you are earning is not enough to offset the loss of purchasing power through inflation.
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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