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

Saturday, March 20, 2021