The Peter Schiff Show Podcast - Episode 406
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Dow Swings More Than 900 Points -
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Peter Schiff, CEO of Euro Pacific Capital
"It is really a two-part strategy. The first part is, I'm very bearish on the U.S. markets mainly because I'm bearish on the U.S. dollar. I think there is a strong likelihood that the dollar will use a very significant percentage of its value over the next few years. Maybe 30-50% of its value, and maybe a lot more than that. I think it is very important that Americans understand this risk, and take actions to preserve their wealth and protect their purchasing power by investing abroad. We invest for clients in Europe, in Asia, and we also like the Australia-New Zealand region because of the exposure that you gain by investing in major commodity exporters."
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Peter Schiff at the 2018 New Orleans Investment Conference
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The Peter Schiff Show Podcast - Episode 360
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#economy #dollar #inflation
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· Dow and S&P see biggest drop since the pandemic.
· #Walmart was the jab. #Target was the knockout punch.
· Swiss Franc and Japanese #Yen show strength.
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