How To Play Gold

I started to tell people to buy gold (SPDR Gold Trust ETF (GLD)), when it was at 300 dollars an ounce.

I do not tell people to put all their money in gold. I tell people to put some of their money in gold (SPDR Gold Trust ETF (GLD)), 5 to 10 percent and as you get more money as the price of gold comes down you can add to it at a better price.

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

Manufacturing Is In Recession And Getting Worse

Manufacturing is already in recession and that is just going to get worse and obviously this interest rate hike and the belief that the Federal Reserve has got more coming is just going to accelerate this process.

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

The Federal Reserve Will Be Forced To Admit That It Is Wrong

As the economy slows and the Federal Reserve is forced to admit that it is wrong and it is forced to lower interest rates back down to zero and launch QE4, there goes its credibility. They were obviously wrong and they were so wrong that they could not even admit 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.