Saturday, March 21, 2015
Peter Schiff & Jim Rickards Discuss Global Gold Markets
Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.
Would recommend both of Jim's books. He clearly understands our debt based monetary system and also appreciates Austrian economics. One issue I would take issue with is the "wrong models" of the Fed. The Fed has the right models if their intentions are to deceive and misdirect. If the name of the Fed was changed to the Bank of Rothschild, Morgan and Rockefeller the true nefarious nature of central banking would be exposed. I am sure Jim knows this but is simply being polite and diplomatic.
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