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Gold is not the only tool to hedge against inflation, but bitcoin, which is sheer speculation, can’t be an inflation hedge, says Schiff.
The Fed is looking for progress in “international developments”
Peter Schiff is a noted contrarian. He believes the U.S. is in a worse position than growth-challenged Europe since quantitative easing did not work and is akin to “trying to put out a fire with gasoline.” Schiff also believes the U.S. has worse problems than Japan.
CEO of Euro Pacific Capital says reduced government key to unlock productive potential.
Peter Schiff of Euro Pacific Capital presents his views on the US economy.
