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

Sunday, February 14, 2021

When Neel Kashkari Speaks, Smart People Buy Gold


Quieter day in the markets with notable moves in oil.
Dollar consolidating before its next move down.
Kashkari believes inflation is purely psychological.
Outsourcing will boom under Democrats.
New York is paying people to get COVID at “Covid Parties.”
Visa uses Bitcoin for cheap publicity, not for DeFi.


- Source, Peter Schiff

Saturday, February 6, 2021

Peter Schiff: The Money Printer Will Lead to Our Demise


Coming straight from the Federal Reserve, we started this period with around 4 trillion US Dollars in the system.

One year later, that number is at 6.7 trillion dollars. Meaning that over 40% of all US dollars were printed in just the last 12 months.

And from the looks of it, no one seems to be in a rush to slow things down. And strangely enough, we haven’t seen much inflation for everyday goods like gas and food?

Prices definitely haven’t gone up anywhere near 40%?. Where’s the inflation?


- Source, Peter Schiff

Monday, January 4, 2021

Peter Schiff: The Dollar’s Loss Is Not America’s Win


Dollar melts down toward new lows. 
Tesla added to S&P, making the index even more overvalued. Exporting is a means to pay for importing.

- Source, Peter Schiff