Peter Schiff | 2016 Recession Collision Course

Albert’s guest is Peter Schiff, chairman of SchiffGold.

Interview Highlights

* Mario Draghi revised his statements but not his policy

* Nothing has changed

* Europe will have an inflation problem soon and QE will not be an option

* The U.S. is on a collision course with a recession in 2016

* Harry Dent overlooks the difference between unbacked-fiat money and gold-backed money

* The Dow could meet gold at 6,000 but they could also meet at 20,000

* The markets I’ve been investing in haven’t benefited from central bank stimulus

* We’re buying quality stocks in Singapore, Hong Kong, New Zealand, Switzerland

* Gold is one part of our portfolios

References & Links We Talked About

* http://schiffgold.com/gold-videocast.html

* http://schiffgold.com/gold-scams

Sponsor

WB Wealth Management: An independent registered investment adviser

Disclaimer

This program is for informational purposes only and is not an offer or recommendation to buy or sell securities or alternative investments.

Not a substitute for professional financial advice.

Thanks for Listening

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Thanks again to Peter Schiff for joining us on the show!

About Albert K. Lu

Whether you’ve been in the investing game for decades or are just starting to plot out your financial strategy, you’ll find host Albert’s insights and big-picture awareness of breaking news essential to sound investing. Albert gathers big guns at the top of their games around his virtual roundtable for a refreshing talk about financial success and investing acumen. Whether they are professional athletes, economists, restaurateurs, or top doers from another walk of life, guests engage with Albert, who provides the perfect sounding board for an intelligent discussion about entrepreneurship and real-life application of economic principles to current events and market forces.

Albert’s money-management approach focuses on wealth preservation under the umbrella of Austrian economics principles. In addition to The Power & Market Report, he is the host of The Economy, a podcast featuring weekly news and opinion. If you want to learn about the true foundation to sound investing and successful entrepreneurship, Albert’s podcasts are a good place to start.