Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the G...
Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot to say since the U.S. central bank raised the benchmark rate by half a percentage point. Schiff further believes we are in a recession and says “it will be much worse than the Great Recession that followed the 2008 Financial Crisis.” Peter Schiff Says ‘Fed Cant Win a Fight Against Inflation Without Causing a Recession’ While many analysts were shocked by the U.S. Federal Reserve’s move, since it was the largest rate hike since 2000, a report by....
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The economist and gold bug Peter Schiff usually has a lot to say, and this past week Schiff explained during an interview that he believes the U.S. will face a financial crisis worse than 2008’s ‘Great Recession.’ Schiff explains that the U.S. has a lot more debt than it did back then, and insists America’s economic downturn “is going to be a much bigger crisis when the defaults start.”
Chief Market Strategist at Euro Pacific Asset Management Says the Decline in US Inflation ‘Is Only Temporary’
While Peter Schiff detailed....
Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. He explained that “The need to sell bitcoin to pay the bills will only get worse as the recession deepens,” adding that bitcoin is poised to crash to $20K while ether will sink to $1K. Peter Schiff Shares Future Outlook for Bitcoin, Ether, Crypto Gold bug Peter Schiff, the chief economist and lead strategist at Euro Pacific Capital and founder of Schiffgold, has made some dire predictions about bitcoin, ether, and the crypto market in general. He tweeted....
Economist Peter Schiff – the favorite opponent of bitcoin evangelists on social media – has again sounded his trumpet of doom for cryptocurrency, particularly Bitcoin and Ether. According to the gold bug, selling bitcoin to pay the bills is necessary “As the recession continues, conditions will only deteriorate.” The guy predicts an economic collapse and […]
Gold bug Peter Schiff has revealed that his son, Spencer Schiff, has gone all-in on bitcoin. Calling his son “brainwashed” for buying so much of the cryptocurrency, Schiff added that he may need to “disinherit” his son to avoid the youngster burning through his hard-earned money. Peter Schiff’s Son Has Gone Full Bitcoin Euro Pacific Capital CEO and host of the Schiff Radio Show, Peter Schiff, tweeted on Wednesday: My son Spencer Schiff went all in on bitcoin on the last drop below $50k. 100% of his portfolio is now in bitcoin. He sold the last of his silver....
Economist Peter Schiff has warned that the U.S. dollar will crash. Noting that the U.S. is “in a much bigger fiscal mess than Great Britain,” with a much bigger debt problem, Schiff stressed: “Can we possibly repay this debt? Of course not. Repaying the debt is impossible. So, what’s going to happen? We’re going to default.” Peter Schiff Discusses U.S. Dollar Crashing Gold bug and economist Peter Schiff shared his outlook for the U.S. dollar in a podcast titled “When This Sucker’s Rally Ends, the Dollar Will Crash,” published Saturday.....