Peter Schiff
Peter Schiff
Peter David Schiffis an American stockbroker, author, and one-time Senate candidate. He has appeared as a guest on numerous financial television shows and has been quoted in major print publications as a financial analyst. He is host of The Peter Schiff Show, an audio show broadcast on terrestrial and Internet radio, and he was formerly host of an Internet podcast called Wall Street Unspun, now archived as podcasts...
NationalityAmerican
ProfessionBusinessman
Date of Birth23 March 1963
CountryUnited States of America
There's no question it will keep rising. The bull markets keep the nervous people out of the market.
This is similar to the 1970s when there was a permanent readjustment in oil prices.
One day we're going to look back at $1,700 with nostalgia. People are going to be shocked at how inexpensive gold was when it could be snapped up for such a bargain price.
That shows that big money is not buying, Wall Street does not believe this rally, they are still skeptical and are waiting for the gold price to fall.
My goal was how can we step back and not focus in on an individual, a school, a league or a district. It really was how can we work together collaboratively to learn from the mistakes.
What will most likely occur is a long overdue loss of confidence in financial assets in general, particularly those denominated in U.S. dollars.
Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold and putting it away.
He's a very dangerous man with some very dangerous ideas.
For the typical investor, brokerage firms are slow to react, slow to change and offer the access to these foreign markets.
We think all the issues brought up on the federal side has already come up in the state side.
Before I came along, it was very difficult for people to invest in foreign stocks and not lose their shirts to the market makers.
The entire American standard of living is artificially high right now, resting on the ability of Americans to borrow money from foreigners.
We are an indebted family going out for an expensive meal to celebrate getting approved foe a new credit card. It might feel good (at the time), but we're still simply delaying the inevitable.
Mutual funds are an overrated investment heavily promoted by Wall Street.