The Government Is Lying About Inflation

I think that if the government accurately measured inflation that 2013 would have been a deeper economic contraction than 2012. I think we have been in recession the whole time. I just think it does not look like a recession because the government is lying about 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.

Average People Are Concerned About Inflation

When they poll people, average people and ask then, "What is your biggest problem?" The number one answer, the number one response is the rising cost of living. So average people are concerned about 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.

Gold: Mispricing The Asset

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.