Friday, June 11, 2021

Peter Schiff: The US Dollar is a Meme Currency Now


Contradictory jobs reports creating market volatility. 

Russia begins dumping dollars and buying other currencies and gold. 

AMC buyers think they’re sticking it to the man as they hand their money to institutions. 

Bitcoin 2021 kicks off in Miami. 

Ron Paul does not believe in Bitcoin. 

Gold has never been easier or cheaper to authenticate.

- Source, Peter Schiff

Friday, May 28, 2021

Peter Schiff: Bitcoin Is Nothing Like Gold


Rotation continues from momentum to value as Bitcoin investors turn to gold. China is the excuse, not the reason for the Bitcoin bubble bursting. This Crypto Winter may be the longest and most brutal of all.

- Source, Peter Schiff

Thursday, April 29, 2021

Powell Guarantees Fed's Indefinite Economic Support


Our leaders, including Chairman Powell, are cowards. 

You can’t buy what hasn’t been produced, no matter how much money is printed. 

Bitcoin price moves up ahead of Coinbase offering. 

Michael Saylor’s latest propaganda stunt proves Bitcoin is neither currency nor money.

Tuesday, April 20, 2021

Peter Schiff: The Fed Can't Put Inflation Genie Back in the Bottle


Jamie Dimon touts optimistic fairy tales. Moratoriums on evictions and student loan payments boosting consumer spending. 

The 70’s were an economic disaster because of the policies of the 60’s. Fed betting the house on inflation being transitory. 

China’s digital Yuan threatens both Bitcoin and the US Dollar.

- Source, Peter Schiff

Tuesday, March 30, 2021

Peter Schiff says this is the only cryptocurrency that makes sense


Peter Schiff has been a vocal opponent of Bitcoin, but in an interview with Kitco News on Wednesday, he said there is a form of cryptocurrency that he could potentially support. 

The chief market strategist of Euro Pacific Asset Management told Kitco News that a “legitimate” cryptocurrency is a gold-backed token that could replace fiat currencies in utility.

- Source, Kitco News

Friday, March 26, 2021

Peter Schiff: Fed is Trapped; Will Either Bankrupt the Government or the American People


The Federal Reserve has trapped themselves; either they raise interest rates and bankrupt the Treasury, or they don’t raise rates, let inflation spiral out of control, and bankrupt the American people, said Peter Schiff, chief market strategist at Euro Pacific Asset Management.

- Source, Kitco News