Crypto Currencies: Too Late To Get Involved

I am not a big fan of the crypto currencies. I think there will be a lot more losses. Certainly people that got in early, that got in years ago, are cashing out and they made a good amount of money, getting in early. I don`t think you are getting in early now.

There are people who believe that it will go a lot higher though, but my gut feeling is that it`S not going to be the case.

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

U.S. Dollar Outlook: It`s Going Down

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.

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.