I think it is going down. I mean, it`s not only going down against gold, which is clear, but its going to go down against other fiat currencies.
So you have to be very careful about any investments when your returns are going to be in dollars because you don`t really know what the dollar is going to be worth.
Related trading instruments: Newmont Mining (NEM), Barrick Gold (ABX), NovaGold (NG), SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Aug 21, 2014
New Technologies & Investing Opportunities
Topics: Digital Currencies, Gold, Bitcoin, 3D Printing
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Aug 20, 2014
The Best Hedge For A Stock Market Crash
Don't trust the financial media – physical gold could be the best hedge against a stock market crash.
Related trading instruments: Nymex Gold Futures, SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Related trading instruments: Nymex Gold Futures, SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX)
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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