THE PETER SCHIFF BLOG : An Unofficial Tracking of Peter Schiff and The Libertarian Austrian School of Economics
PETER SCHIFF
Showing posts with label Currencies. Show all posts
Showing posts with label Currencies. Show all posts
Monday, January 2, 2012
Peter Schiff : there is no safe haven in Currencies
Peter Schiff : ...it's not necessarily default. it's the fact the governments are going to pay but it's how they're going to pay. they're going to pay it by printing money. i think the u.s. is a bigger disaster than Europe, but all the central banks, the U.S., the ECB, the bank of Japan, bank of China, everybody is printing too much money. everybody has rates too low, and the world is looking for an alternative to currencies, not just the dollar or the euro, but the world -- people are going back to real money and not enough people have made that switch. most people are still clinging to the idea that there's a safe haven somewhere in currency. there is no safe haven in currencies. if you want to protect your wealth, if you want to store purchasing power, you can't do it in a currency. you need to own gold and most people are still clueless about that. and a lot of central banks still need to buy gold. if you look at gold as a percentage of reserves, it's near record low. , central banks have a lot of gold to buy - in CNBC
Labels:Peter Schiff ,Ron Paul
Currencies,
FOREX
Friday, October 8, 2010
The Schiff Report : Markets, currencies, jobs, Fed, foreclosures
Peter Schiff on The Currency war , the gold and gold stock Index , Gold is not in a bubble , the sector is still undervalued
Labels:Peter Schiff ,Ron Paul
Currencies,
FED,
foreclosures,
Jobs,
Markets
Tuesday, March 16, 2010
Peter Schiff : Our biggest export is Inflation
Peter Schiff on GOLD and Currencies North Haven, CT Mar. 6, 2010
The underdog Republican candidate for Senator in Connecticut has an affinity for gold. His fans within the world investment community are tuned-into his economic expertise. In this video produced form an appearance with a large group of CT Tea Party activists, Schiff answers a question about gold and currencies. The event occurred in North Haven Connecticut on the afternoon of March 6, 2010
Labels:Peter Schiff ,Ron Paul
Currencies,
Inflation,
Yen
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