Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

Is Peter Schiff manipulating his listeners?

Peter Schiff, an American stock broker, economist and the owner of Schiff Gold and Euro Pacific Asset Management with a net worth over 70 million dollars, has been predicting since 2010 that gold will rally to 5,000 and the U.S. dollar will crash. Since then gold has only rose from around $1,500 to about $2,000 and the U.S. dollar remains one of the strongest currencies on earth. Peter is a very convincing bearish analyst which leads people to follow him blindly, especially in todays market conditions. Peter leads a notion that our economy hasn’t even begun its recession and when we the fed quits hiking interest rates, it won’t be because the battle against inflation has been won by the FED but rather they’ve give up completely. I’ve been listening to Peter for quite some time but I wonder if he if he actually believes these things or if this notion is an attempt to manipulate people into buying into his company.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
Translate
Report
22K Views
Comment
Sign in to post a comment
    5Followers
    5Following
    1194Visitors
    Follow