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67% Informative
Peter Schiff admits he could have made a lot more money over the last decade if he had focused his investing on high-performing stocks instead of gold.
Schiff believes the $44.6 trillion held by America ’s top 1% is “all artificial [and] all on paper because of what we claim stocks are worth.
The 61-year-old investor believes investors are simply “benefiting from the inflated asset price level” caused by monetary policy decisions in the past decade .
Schiff is predicting as “de-de-dollarization” when countries shift away from the greenback as a reserve currency.
Precious metals have historically acted as a hedge against the dollar’s decline, so preserving your savings with gold might just be the tool you need.
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Vinovest is a wine investing platform where you can build a portfolio of inflation-resistant asset.
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