Gold & Well Established Companies

We don`t just tell people to buy gold. I tell people that they should own gold, they should own some gold, but most of the money that we manage is not in gold, its in equities, its in stocks. So, some of it is in some of the cutting edge type companies, but the majority of it is in older established companies that have been around for 50, 100 years that are providing goods and services that we know are going to be in demand so we can have some assurance in the longevity of the company and on the validity of the dividends that they are able to pay.

Related instruments: 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.

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.