Natural Resources >> Analyst Interviews >> November 19, 2013
Upside Potential for Gold Greater Than Downside Risk
Peter Schiff is the CEO and Chief Global Strategist of Euro Pacific Capital Inc., an SEC-Registered Investment Adviser and a full service broker/dealer. He's also Chairman of Euro Pacific Precious Metals, and CEO of Euro Pacific Asset Management. He is one of the few widely known economists and investment professionals to have spoken about the financial crisis before it began. As a result of his commentary on the U.S. economy, he is becoming increasingly more renowned. He is a widely followed opponent of debt-fueled growth policies and known for his advocacy for emerging market and commodity-focused investments in countries with positive fiscal characteristics. Mr. Schiff has been quoted hundreds of times in leading news outlets around the world, and he regularly appears on business news channels worldwide. His best-selling book, Crash Proof: How to Profit from the Coming Economic Collapse, was published in February of 2007. His fourth book, The Real Crash – America’s Coming Bankruptcy, was published in May of 2012. He is also the host of the nationally syndicated Peter Schiff Show, heard everywhere at SchiffRadio.com Profile
TWST: Gold has been not a great performer this year. What's going on?
Mr. Schiff: Well, obviously some of the people who made a lot of money in gold over the years may have decided to